RWT a hopeful climb?It seems RWT may *may* be cycling up. It appears at this time to be possibly making a reversal. Please look at the formation of the SRSI and RSI levels which are approaching acceptable levels. The MACD may hopefully cross. Paper trade safely friends.by paper_Trader17750
RWT -- mind the gapRWT is at the high of the day and about to break into the gap that was created when the stock dropped following the last ex-dividend date in September. As always, this can go different ways: Maybe it keeps marching up to close the gap, maybe it drops back down into the declining regression channel that goes back to the high from the beginning of September. Maybe the most interesting outcome would be if it stayed near the current level for a few days, after which this chart could look a lot like a developing inverse head-and-shoulder pattern. No opinion on this. Just wanted to throw it out there, in case anyone likes to trade gaps.by matthiasUpdated 0
$RWT Redwood Trust Inc Trade Setup Potential long entry today on a break above the 2062 pivot point. Alert set for $9.15 Potential target $10.00 short termLongby Bullishcharts8
RWT Looking like a good buyWe have 2 declines off the channel Only one Rise off the channel Take profit around 7.25 to 8.00\ Buy from 6.50 to 7.00 Stop loss at the bottom of the channel or 6.50 Longby SoloMoneyTrades7
$RWT Redwood Trust, Inc. upside targets Redwood Trust, Inc. engages in the business of investing in mortgages and other real estate-related assets. It operates through the segments: Residential Lending, Business Purpose Lending, Multifamily Investments, Third-Party Residential Investments, and Corporate. The Residential Lending segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Lending segment includes the platform that originates and acquires business purpose residential loans. The Multifamily Investments segment refers to the investments in securities collateralized by multifamily mortgage loans, as well as other investments in multifamily mortgages and related assets. The Third-Party Residential Investments segment contains the investment in residential mortgage-backed securities (RMBS) issued by third parties, investments in Freddie Mac securitizations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA. Longby DEXWireNews15
RWT LongThis chart for RWT displays the stability of this stock especially since the start of 2018. The most that this stock dropped was down to $14 and the most it moved up was $18 over the past 2 years(about 25% move). There are some clear resistance and support lines for RWT. This is a great stable stock that in my opinion is very cheap at this moment. Longby Bodiesvoboda43116