Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) Looks Strong

Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) Looks Strong

Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) Looks Strong FANNIE MAE closed up 0.030 at 3.950. Volume was 77% below average (consolidating) and Bollinger Bands were 51% wider than normal. Open High Low Close Volume___ 3.985 3.990 3.920 3.950 1,998,275 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period […]

Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) Headed Lower

Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) Headed Lower

Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) Headed Lower Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.93. The projected upper bound is: 1.92. The projected […]