First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my key opinions. Right now, MFA financial has been a stable growing stock overall in terms of its history. However, it had one of the biggest bearish runs any stocks have ever seen. The housing market also took a huge hit recently, and for a stock to have a performance of between $0.32 and $8.09 within 52 weeks is crazy. I think this is more and more likely a short call then a long one, but I am very bullish on an upcoming upswing trendline for MFA given past correlations and what investors have been saying.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.