Fannie Mae-No Politics (FNMA)

[Zargis]

It's possible to move down to $3.20, or even touch $3.00 - though I'm not sure how likely right now.

Off hand for me, I would expect it is more likely we would stop at the lowest around ~$3.30. Though, again, I am not reading a chart/indicators right now.

EDIT: not sure off hand how much lower it will actually go right now - or what i expect.

Later tonight I'll try to post current daily indicators and current resistance / support ranges and how they relate to today's close.


***

If ANYONE sees news tonight, please do post about it and links!

News can impact this further down or reverse it (just depends on what major group comes out today after hours, good or bad)

Thanks and be safe everyone,


-Z