Mr Cooper Group Inc (COOP)

[kuwlness]

I'll admit the RSI was/is a little over-heated and with the stock being so far outside of the upper Bollinger Bands, she needed some room to breath/consolidate. But what do you see on the MACD that suggests a bearish reversal?

We have the 10- and 20-day EMAs at $3.09 and $2.91 respectively with a ton of support at $2.85 and $3. Any pull-backs to this area are huge buying opportunities as was seen today. There is also a new support level that was formed at ~$3.15.

Most of the drop today was a result of the whole Freddie Mac calamity and MMs taking advantage of stocks in a similar situation. But WMIH is completely different from those stocks and was unjustly connected to them by either greedy MMs or shorts trying to take advantage of a unique situation.

Chart still looks extremely healthy to me. And i only got into this stock as a technical trade. Sent out a buy notification to the board and my trading group at $2.75. Nothing has changed since then imo.