through the middle of a one month trading channel.
Are there any TA guys here that can interperet this?
Intuitively it looks like a breakout above the channel tomorrow or thursday. Probably not in time for my june 25's. It was a cheap lottery ticket purchased before the spo announcment and late divy announcement. Would have made it without the spo happening.
Yep - $25 not in the cards this time. At least we made it over $24 several times this qrtr. Maybe next qrtr. Sold off over 700 of June 22.50 Call contracts in the last few days for an ave of $1.35. Made a nice chunk of change for my first ride on Mtge.
Hey Roy! It looks as though we're waiting for the same ship to come in. It's a shame the one that says MTGE on her side no longer has the #25 on it. I think it will be painted over for the cruise next quarter though.
Thanks for the tut.I'll watch it as soon as possible. I can use a little knowledge. It never hurt anyone except Adam,Eve,Pandora...
I think it was a good move to have the announcement when they did and to have the ex-date 10 days later than AGNC and MTGE. I don't know when the other REITs go ex-, but just having time in-between a AGNC and MTGE selloff and the AMTG ex- alone might spark a little late run buying. I think. :)