Freddie Mac-No Politics (FMCC)

[BennySlots]

I don't think that guy has any idea what he's talking about.

I think we may dip as low as ~1.55 tomorrow and then start our next big bounce up to at least 2.50. But I think it's more likely that we'll just slow down around 2.50 but then continue on up to the 3.00~3.50 range. It's conceivable that we could drop to as low as the 1.20s tomorrow before that happens, but I doubt it.

My analysis is based on charts and tracking how our price movement relates to the last big run we had from .30 to 1.45. Specifically, I'm looking at how the daily 25 MA was our bottom support during that run. And I think our current price action will mimic how we moved around March 28th.