Interesting moments to buy agnc & grow your portfolio of dividend income.
$agnc is on its way to squeeze, and anyway you look at this, is closer to breaking the upper line and move up, then drop down. It's been bouncing between the 10day and 50day ema for almost a month, and once it breaks it, we'll be looking at a decent move. This stock also yields decent dividends so it's a solid hold as well. 13% gets us to previous resistance at ~14.40.
I posted about AGNC at the beginning of January when AGNC was around $17.50, I called for $20 no later than June. What a pleasant surprise that AGNC has continued to stay on fire! Now one might ask how did I turn this little, fairly slow moving stock into 480% gains in just 6 weeks? I mean this sounds like crypto gains, not stock market gains! This is a...
AGNC has a great Dividend at around 10%, used to be 20% though when money was near free as they make their money on (long-term/short-term) credit swaps. Loose monetary policy fed AGNC coffers and loose monetary policy has been returning. After seeing 3 rounds of QE along with 3 rate cuts in 2019 and a presidential push for negative interest rates from the feds,...
The previous ascending triangle didn't hold, what about this rounded bottom? The price is now squeezed between the neckline and the BB middle band. When breakout?
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
I have a down trending slope that has bullish context(resistance becoming support) and an up trending slope with bearish context(support becoming resistance) I am waiting to see which slope is in control. I am short term bearish as we are still under the neckline of the H&S pattern but long term bullish as MACD has bullish divergence as price has declined. See...
This chart only shows price and some channels/slopes. We have both a down trending slope with bullish context as resistance has now become support but also have an up trending slope with bearish context as support is now resistance. I have highlighted the lines I am watching in green. I am just waiting to see which slope shows me that it is in control. I am...
As you can see we have bullish divergence in the MACD. The two previous times this happened, AGNC had nice rallies from their lows. Note also how present price action could also be forming a H&S pattern that has broke the neckline and appears price could be forming a hand suggesting lower prices are to come. IF lower prices do follow and MACD makes again...
AGNC is showing a large AB=CD pattern with an internal Crab pattern. Both patterns complete in the same price zone along with bullish divergence from the volume weighted MACD, so momentum is starting to swing up. AB=CD Measurments - .618 / 1.618 Crab Measurments - 1.618XA - 3.618BC
Looking for a possible move up. Looking for entry above today's high. Sports a nice 10% dividend.
Some stocks to watch this week: AGNC BGCP CACC BOKF