Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Support couldn’t hold.
Now it’s looking for support.
Not looking good though.
As I said yesterday.
I predicted a gap down and if it does bounce with volume/buying pressure through the previous close and test it successfully then we would have a Green Day. So far it almost did that , but sellers came in again... looking like $1.20 is incoming if this continues .
FNMA
Not yet ...
FNMA
Remember my post from yesterday ...
FNMA
To add... today’s volume is lower then the last day like this , with less buying ... so not looking very bullish... so open tomorrow will be very interesting
FNMA
That’s happened before during days like this. I’ve seen spread of 10 - 20 cents before. Stop losses , shorting , and breaking of support is what caused today. Tomorrow will be key to see if this tests the next level of support or bounces from here. I’m predicting we gap down , then test previous day close (now a resistance after the gap down) , then if buying/volume comes in we see a Green Day.
If we don’t have that happen. We will see 1.20s , then $1.
Best of luck guys.
FNMA
Those aren’t after hours ...
Those are sales from during the session just being closed out.
FNMA
No one has even mentioned the fact FMCC closed higher today and only slightly down ... very odd.
This hasn’t happened too many times in the past...
FNMA
At least we have volume !
FNMA
Volume!
FNMA
Here we go...
Let’s see where support hits...
FNMA
Some volume coming in ...
FNMA
Well we have 16 cents to go...lol
FNMA
You guys are killing me with this after hours pps , lol
Let’s see a $1.45 close !
FNMA
A break of $1.45 would be nice , lol
FNMA
Yeah would make for a crazy Monday and week , lol
FNMA
I can’t find any where else showing that . Probably a system error.
Would be amazing if that was the case , lol
FNMA
He could of at least bought 5-10 million shares and sat on them ...
If they go to zero , no biggy , but if they go to $10-$100 a share , he would make bank.
Agree.
He hasn’t been doing well and he had to shed some holdings to pay for expenses for running the fund and putting money in areas with less risk.
FNMA
About to test a hardcore support level...
More larger blocks going through ...
FNMA
Yes sir. Now you see a large block buy ...
FNMA
No sir ! Just helping folks understand the sudden drop.
FNMA
May find support here ...
FNMA
Couldn’t bust out of the channel , so it’s going to try and test previous support levels.
Best of luck guys.
FNMA
No codes, but it is weird ...
FNMA
Some odd trading going on ...
Agree ... we got buying with volume tomorrow we will push through $1.60 and break out of this channel ...
FNMA
Tomorrow we test $1.60...
FNMA
Finally filled the 120k order
FNMA
Yeah for sure
FNMA
You mean rumor ... ;)
FNMA
Haha , still could be !
FNMA
Testing $1.50 again ...
FNMA
Agree , lol
FNMA
More big blocks go through near close ...
FNMA
Silent loading continues ....
FNMA
Looks like the base for the next leg has been created ... should see a decent Green Day by end of week...
FNMA
$1.60+ tomorrow ;)
$1.54 would of printed if we had another minute at close.
So I take this as a green close , lol
FNMA