Mulai
New York Mortgage Trust, Inc.

NYMT Suffers Low Demand - Moving Sideways

Oleh koenjan
NYMT is pivoting between two boundaries with little volume between, making no real intra-day trades viable. NYMT is trading well under intrinsic value suggesting huge long-term investment profit once macroeconomic factors improve. I would estimate this be 3-4 months down the line from now, but is definitely a local low for those interested in purchasing at rock bottom.

If 1.87 support broken could move down to 1.02 before seeing resistance.
Fundamental AnalysisSupply and DemandSupport and Resistance
koenjan

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