MFA.NYSE short2024-05-24 1. Impuls: yes short 2. Trigger: yes 3. Candle: no 4. Channel: no 5. Resistance/Support: yes 6. Trend: one day chart short 7. Brake out: yes 8. Febo´s: yes 61.8% 9. EW Impulse: yes 10. EMA 200 / SMA 50: yes 2024-04-26 11. Pattern: yes gartley short Shortby KStefanTrading0
A Hellish Pattern (BTC 2018) For anyone that experienced this pattern that is extremely similar to a structure formed on BTC during late 2018 you know what I mean. This is a replica of the formation. by Bixley0
$MFA PT 8-16 and higherMFA Financial, Inc., through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets. The company has elected to be taxed as a REIT and would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was incorporated in 1997 and is headquartered in New York, New York.Longby UnknownUnicorn192460150
MFA longWith the real estate crash in march 2020 for MFA now i think its recovering little by little. So, on the Daily time frame its forming a nice bull channel. On the 4 H time frame we can see a rising wedge with a potential target 4.60 $ . On both time frames holding the 20/ 38 EMA (bull sign). If we break out of resistance we can go higher 5.20$ . Short period for a long position max 2 months. Longby RomanTraderMD1
!This is one of the stocks that saved my portfolio during the covid crash. This AMD and QIWI. P.s. QIWI is assist of Genesis aswell. Just like Coca-Cola, JNJ, Bank of America, and many others that you wouldn't believe. But for the true gains right now besides these and biotechnology, don't forget about the protocals for blockchain. Aka crypto currency. Like RSR, XRP, XLM, BTC, ETH, LINK, ZILL, Omesego, and don't forget about the polkadot ecosystem Longby JacobHarrison0
Things are going back to normal for MFAMFA broke out of a descending triangle into a consolidation period. Looks like accumulation to me. Seeing all the previous ER except the last one it looks like it's going back to normal. I see this hitting 5$ soon. I can only imagine how much they capitalized on the spikes in foreclosures and other real estate that went up for grabs during this pandemic. Longby Needlez336
MFA in Uptrend: Stochastic indicator climbs into overbought zoneTickeron A.I.dvisor analyzed 232 other stocks in the Real Estate Investment Trusts Industry over the last three months, and discovered that 209 of them (90%) exhibited an Uptrend while 23 of them (10%) exhibited a Downtrend. Be on the watch for MFA's price dropping or consolidating in the future -- when this happens, think about selling the ticker or exploring put options. Current price $2.61 crossed the resistance line at $2.61 and is trading between $2.61 resistance and $2.53 resistance lines. Throughout the month of 06/14/20 - 07/15/20, the price experienced a -9% Downtrend, while the week of 07/08/20 - 07/15/20 shows a +12% Uptrend.Shortby AlTorress4
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.Longby Protect-Your-CapitalUpdated 8
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. Longby Protect-Your-CapitalUpdated 226
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 :) by tunripboyo117
Bullish Symmetrical Triangle Forming, Breakout Soon!Bullish Symmetrical Triangle Forming, Buy Now!Longby esmond525Updated 115
Bullish Symmetrical Triangle Forming, Ready For Breakout?Not too much into trading but seems like a bullish triangle has formedLongby esmond5253