AGNC Investment Corp

AGNC witnessed a sharp rebound after attempting to test the uptrend line at 9.36$, to violate the upper boundary of the sideway range at 9.95$, a level that the stock has remained below since January 2024. Hence, remaining above this level, will push the AGNC to surpass the current major resistance at 10.19$, which will trigger further rises near 10.42$ - 10.64$ - 10.88$ - 11.24$ - 11.60$ on the short-term

The stop-loss lies below 10$ - 9.77$.

the indicators are heading toward the positive side, which confirms the mentioned positive scenario.

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