PMT was a long trade from 8/5 @$17.03
The trade is about flat, but the price pattern looks great and there's a 12.40% dividend yield.
I like the price pattern, it looks like it' ready to breakout.
We have a long signal just hours away on the cross-over screen, 2/3 signals are long.
Here's the current trend channel stop
Most of all, the daily 3C chart looks fantastic. I see this as a longer term trending trade.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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