[quote=livinincali]AGNC got hit hard by resistance today. Gaped up to overhead resistance and got sold pretty hard. Definitely could be a case of the bounce is over, but we’ll see. It’s days like these in stocks that make it hard to time a bounce. How much do you let it pull back before you decide to sell.[/quote]4 days after hitting this resistance, it’s up another 2%. So, I guess the resistance wasn’t that strong, since it was up everyday since. It’s up ~9% from it’s recent month bottom on 11/14, but it’s still down ~2.5% from a month earlier. It’s down ~7% in the last 3 months and down ~1.5% in the last 6 months. But it’s up almost 13% YTD.
Also, it seems like CEL is back with a vengeance. Should have bought back in when it hit mid 8s.