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MFA

Going to the $ 122 again! What could save AAPL?Ok, AAPL dropped a lot last week, and we have no signs of the bulls around here. But the bears are quite weak too, as they couldn’t make AAPL hit the 122 again. Since last week I find the RSI weird, and now we have something that resembles another advanced breakout. AAPL did this pattern in the past, and it didn’t work, so, we gotta be careful here. I think the 125 is a good break point that could lead AAPL to the 126.40 again, but this is not enough to impress me. In the 4h chart we see that AAPL still has more downside ahead, if it doesn’t break the 125 quickly. Again, the 122.74 is our target for now. AAPL is in a consolidation, trading inside a range, and if it hits the 122 again, we’ll see if we can trade it again. I’ll keep you guys updated! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPL
by UnknownUnicorn21312077
3
MFA Chain Grows 840% In 8 Days... Project OverviewAbout MFA MFA chain is the first film industry chain, to improve the film industry based on the block chain ecological efficiency and contribution strength. MFA Chain innovation technology allows a key definition side Chain, asymmetric against quantum attack, make trade easier and more secure than ever before. Film industry connected to digital currency and reality, will be on and offline MFA currency cooperation, expand the film in the wallet card application, etc. ---------- This one was added less than a month ago to Bittrex and is already moving really well. As you can see, we have over 800% in growth since a low was hit back on the 3rd of October... Another signal that the altcoins market is getting ready to grow. Namaste.
M
by AlanSantana
3
MFA LONG - UPDATE with more levels to watchWithin 90 Days PT #1 : $3.38 PT #2 : $3.78 Within 180 Days PT #3 : low $4.00 range PT #4 : $4.54 Stock has been beaten up last couple of weeks because of ER miss and they did not reinstate a dividend for their common stock. In essence, they gave notion they will pay a dividend before October in order to avoid excise tax (REITS must have a % of taxable income to shareholders). Preferred stocks are up because they will be paying a dividend to preferred stock holders. MFA will be required to pay 90% of their taxable income by October, as of now they have a taxable income of .10 cents per share. This would mean that a minimum 9 cent dividend would need to be paid by October to avoid a 4% excise tax; This amount can increase if taxable income increases, too. (This is to the best of my knowledge. Correct me if I am wrong). Their BV is ~$4 and has a bit more potential to move up (recovering unrealized losses) depending on credit spreads going forward. They have deleveraged, and are in a position to leverage themselves with assets as the markets direction in the near future becomes more clear. Funding has gotten more expensive but marginally. They've reduced the MBS exposure and are running a portfolio of whole loans which protects MFA if things begin to get worse. In the short term, I expected them to come out of forbearance on or around June 26th (end of the month) which they did. I believe that they will reinstate their dividend relatively soon, and before October. Depending on how much it is and the progress MFA / Economy has made will dictate as to how far they will run. With another stimulus package looming I feel this is bound to break to the upside. If some type of enhanced unemployment benefits get extended past July, I believe you will see a small pop in mortgage reits as risk may tick up a little bit.
NYSE:MFALong
by Protect-Your-Capital
MFA FINANCIAL LONGWithin 90 Days PT #1 : $3.38 PT #2 : $3.78 Within 180 Days PT #3 : low $4.00 range PT #4 : $4.54 Stock has been beaten up last couple of days because of ER miss and they did not reinstate a dividend for their common stock. In essence, they gave notion they will pay a dividend before October in order to avoid excise tax (REITS must have a % of taxable income to shareholders). Preferred stocks are up because they will be paying a dividend to preferred stock holders. MFA will be required to pay 85% of their taxable income by October, as of now they have a taxable income of .10 cents per share. This would mean that a minimum 8.5 cent dividend would need to be paid by October to avoid a 4% excise tax; This amount can increase if taxable income increases, too. (This is to the best of my knowledge. Correct me if I am wrong). Their BV is ~$4 and has a bit more potential to move up (recovering unrealized losses) depending on credit spreads going forward. They have deleveraged, and are in a position to leverage themselves with assets as the markets direction in the near future becomes more clear. Funding has gotten more expensive but marginally. They've reduced the MBS exposure and are running a portfolio of whole loans which protects MFA if things begin to get worse. In the short term, I expect them to come out of forbearance on or around June 26th (end of the month). I believe that they will reinstate their dividend at the beginning of the third quarter, October. Depending on how much it is and the progress MFA / Economy has made will dictate as to how far they will run.
NYSE:MFALong
by Protect-Your-Capital
2
MFA TO $4-4.5 (BULL)yo yo back in action, hope everyone had a good weekend so MFA is a cool one, I used to trade it before covid shut down. Right now it is flagging pretty well, as long as it stays in that triangle we can expect a bullish breakout. As of right now (June 22nd) the stock futures are down so if we see a negative impact tomorrow morning (June 23rd) we can see this tank with the overall market as it did during the shutdown. Not too much volume so the movement wont be as fast to 4 dollars. They did better than expected on earnings and are said to be coming back stronger so keep that in mind. 2.50 is support from what I can tell but again it can tank with the market. Let me know how it goes if you get in. thanks this is not financial advice, this is simply my analysis that you can use to your discretion. trade smart! good luck :)
NYSE:MFA
by tunripboyo
1