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Chart pattern is suggesting another pennant pattern which looks like it is not done forming yet. The bollies are getting tight again.. The flag that is developing appears to be a lot larger than the ones that drove the price higher over the last six months, so FNMA may trade sideways for a little while until this bigger flag completes. Thats what it looks like anyways..
The chart looks like it is shaping up for another textbook example of a flagpole and pennant pattern. It May break out again coinciding with the upcoming news this coming month.
possibly making another flagpole and pennant for another runup.
source?
The stock chart is shaping into a bullish pennant pattern. It will happen soon enough.
I am a firm believer that where there is smoke there is fire.
1. The final judgement has been postponed....again... I imagine that the final verdict coming out now could possibly mess with plans that are already being implemented.
2. This volume is coming on the heels of the postponement. NO major news has hit the street other than this postponement.
Could people that know something be driving the volume? That sure fits the narrative.. Also, this is big volume for FNMA in recent times, but let's see what happens when daily average starts going over 50 million again..
Bill Ackman explains SPARC. Very recently was approved by SEC.
thank you
Please site the source:
today they allege that they want to "prepare to exit the Conservatorships."
Thank you,
Just a question.
By Lamberth holding onto the final verdict, could this possibly effect the Collins case if he holds onto the verdict until after the Collins case on Sep. 8th?
Hello Navy,
Would you happen to know approx. time frames for these two cases by any chance?
This is very true,
This may be a down day because of the technical indicators, taking profit, short term trades, etc. etc.
This was to be expected in the short term because the price went so far outside its bollies.
However, I am of the opinion though, that all normal technical indicators will not be applicable concerning this stock soon. Day trade strategies are going to be very dangerous concerning this stock here very shortly.
I am of the opinion that this trade is a long term buy and hold with the pay off right around the corner. All of the positive developments concerning FNMA/FMCC (Administrative, Judicial, Public Sector, Private Sector, Media- I won't get into all this because most bulls on this board are savvy and have been paying attention for years) are building into a crescendo and are pushing this thing into 3R. Public sector and private sector sentiment are changing towards FNMA/FMCC.Soon there will be a plan that is put out by FHFA/ Treasury.
Once that happens, I think this stock will begin to gain and gap up overnight over the course of the next year or so until it reaches its intrinsic value, with dividends beginning to pay.
Dont worry Brooge,
The twins are on the edge of 3R.
What did the tweet say? It looks like it has already been taken down.
Does anyone have the name of the law firm representing the plaintiffs?
Hello Sir,
Could you please supply the whole link to this document?
Thank you for this update Sir,
I am trying to buy as much common as I can before May 20th and beyond.
Hello Sir,
In layman's terms, what does this mean for FNMA shareholders? How does this effect FHFA and their role over FNMA?
does anyone know who the judge is over the CFPB v. Community Financial Services Association trial?
yes Sir it is,
The charts are showing a bullish flag and pennant pattern as well....
Hello Sir,
Who is the source of this memo?
Do you know who the author is?
Can anyone guess why the volume is above average today?