Friday, June 26, 2009

Ocwen Financial (OCN) Finally Ready to Break Out?

Posted by TraderMark at 3:45 PM TweetThis
Ocwen Financial (OCN) has been consolidating a large move for 2 months; it finally broke over $13 today. If it can get over that spike high ($13.33) in early May it could be readying for the next leg. Still extremely cheap...

$13.25 as we speak - if it closes here it would be a higher close than the spike high close of $13.09

Long Ocwen Financial in fund; no personal position


Posted by TraderMark at 3:45 PM

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