Oct 132012
 

To tell you the truth, I have never heard of AMRC Invest Corp until about 30 minutes ago. I received this request from a fund manager in the US to take a look, and as I was getting ready to post an update on WaveTimes, I thought why not take a look at this stock! My Fund Manager friend had just passed me the ticker as MTGE and I still don’t know how AMRC Invest Corp came to acquire this ticker. All this goes to show that Elliott Wave Analysis applies to ALL freely traded instruments. Of course, if one is considering an investment in this or any other stock, it pays to do some fundamental research, but keep Elliott Waves to figure out what is a good time to enter a position.

What follows next are three charts containing Elliott Wave Analysis of AMRC Invest Corp or MTGE. As always, there are comments posted directly on the charts. Remember, WaveTimes is currently only aiming to teach you how to use Elliott Wave Analysis. I am currently not offering any trading advice. Good luck.

  7 Responses to “Elliott Wave Analysis of AMRC Invest Corp – MTGE”

  1. Mr Ramakrishman
    Thank you for helping investors find some kind to direction in all this darkness
    Your book is a true inspiration and I am using it in every way possible
    Thank you also for putting out AAPL guidance using Elliott Waves
    Allow me please to ask a question
    If AAPL dips below 617, should I considered Wave 5 done and correction began or can it still be considered sub wave 4 to be followed by sub wave 5 since it is in an ending diagonal according to your book

    Hala

  2. The company seems to be similar to NLY or TWO. Basically, borrow short and invest in long dated mortgage backed securities — hence MTGE. Any chance you could also share your thoughts on 10-year Treasury. If you think yield keeps falling then the correction in MTGE would be short and shallow. But if you think the 10-year yield crossed 2%, then it would be a different issue.

    Thanks.

  3. Hallo Ramki,

    Why do you start with “0”, where you start and not at the lower point at 15 some days before?
    Thanks

  4. What is your forecast for silver and silver miners?

 Leave a Reply

(required)

(required)