Mr Cooper Group Inc (COOP)

[Lawson Digest]

Don't forget that the opposite of my hypothesis is that this is a cup and handle forming. That would be incredible for everyone here. I am predicting that we will see a downward trend back to the 2.7 area because nothing will really happen in March.

Another viable hypothesis is that this stoop down is actually a synthetic pullback before an explosion (i.e., cup and handle). I don't like this because it's too optimistic for me; I have been invested in WAMU since 2006, so I'm extremely wary of anything that reeks of speculative hype.

Either hypothesis could be correct at this point.