Jul. 8 at 1:57 AM
$RWT catching massive volume expansion and aggressive buyer inflows following their preliminary second quarter update highlighting strong momentum in the Aspire non-QM mortgage platform, which delivered a record lock volume of
$2.1 billion up 32% sequentially with aggregate volumes over
$8 billion. Option flow and volume are printing intense accumulation right off local reaction lows as institutional interest scales up. 🐂 🎯
Bull Key Levels: A firm break and close above
$4.75 is essential to confirm structural momentum reversal and target upper value area resistance. 🐂 🔥
Bear Key Levels: Defending the
$4.19 psychological support floor is critical to hold current reaction lows and maintain channel support. 🐻 ⚠️
Take Profit Targets:
$5.10 /
$5.50. 💰 💸
#hovdid #rwt #mortgage #mreit #stocks #trading #optionsflow
