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Flagstar Bancorp Inc. Message Board

red.dog_1976 1 post  |  Last Activity: Jun 28, 2016 12:58 PM Member since: Mar 18, 2011
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  • They are looking fantastic right now. We are currently retesting the 200 DMA from June 6th. If we get past that it will be a very bullish sign that could spur technical traders to get on and push the price even higher.

    The cup and handle is playing out very nicely.

    Both the MACD and the Stochastic are headed up and showing there is plenty of room to run.

    The candle chart looks like it has changed direction and officially has consecutive higher highs and higher lows which is huge.

    March 18th, low .67
    April 19, high of 1.16
    March 19, low of .79
    June 6 high of 1.20
    June 19th, low of .92
    Hopefully we can make a new high here and push up through the 200 DMA. I think that would be a very strong confirmation that we're headed back up in the other direction.

    Sentiment: Strong Buy

FBC
27.72-0.31(-1.11%)Sep 23 4:02 PMEDT