This curved rising pattern is called an Ascending Scallop Ascending Scallops are a bullish pattern which I have shown on this 4Hr chart with the bars pattern tool in green. Bullish consolidation above the curve
It has a funny name tbh. And it's one of those high Sharpe stocks that just feels right.
If we bounce with strong volume then $49 can be next resistance
Good Technical Fundamental and Trend......... Target 57.5, Duration 1 to 5 months................
NASDAQ:COOP Possible Scenario: LONG Evidence: Price Action Call options, Strike 35$, 06/18/21 This is my idea and could be wrong 100%,
It looks higher but note that it will be highly affected by current market condition .
MPP TRADE IDEAS!!! EVERYDAY A HOT STOCK TO BUY. HOT STOCK ALERT ON TICKER: COOP- Mr Cooper Group PLAN: BUY COOP NOW! ====================== ENTRY @ 32 TARGET @ 39 STOPLOSS @ 27 MPP - ALERTS FOR PROFIT AFTER PROFIT
Entry price : 27.04 Fundamentals : - Sector: Finance - EPS % Chg (Last Qtr): 142% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 200% - Sales % Chg (Last Qtr): 41% - 3-Year Sales Growth Rate: 639% - Annual Pre -Tax Margin: -0.1%
No brainer uptrend with clear support levels - which can be used for SL.
Breakout from nice consolidation pattern on good volume Analyst upgerade to 30 pre-earnings run
This thing just does not notice overall correction. Unusual options activity: high volume, 98% calls Nest target 24
COOP fills gap and rejected. Price to dip to green box. Long Position. Profit target of next gap.