Fannie Mae-No Politics (FNMA)

[TheWool]

Interesting to see what happens...Right now the PPS is sandwiched between a major resistance @ $2.00 and the (20)MA...Let us see which gives first. IMO this will test support at $1.80 and then $1.60. If $1.60 should fail, you have $1.30 and then (50)MA @ $1.25. Reload on the dips because this is only a small downtrend in the grand scheme of a major uptrend...GLTA $FNMA$