|Day Low/High||7.06 / 7.26|
|52 Wk Low/High||6.25 / 14.38|
Would-be buyers of the loan originator's stock should wait for clear signs of a bottom.
Let's review the charts and indicators.
They are pieces of paper tied, not to the short-sellers or the owners, but to the performance of the company.
Welcome to the 'new' old world -- the world we had before all the new people and their money came into the market.
The technical signals of the mortgage originator are not attractive.