Replies to post #43316 on lowtrade

[10thMountain]

FNMA.....Thanks.....The over all trend on the weekly has been up for over a year. Do you think that uptrend is break down? Tia

[BigAlBalbosci]

Hello Sir, I don't know if you have FLST on watch or not…. I imagine…NOT.

however i noticed BMAK left the building today… i notice the EOW has has landed on 0005 twice. but did not continue in the usual trend down...

I don't get nitty gritty with technicals, however i probably should… from a lamens observation; since May, there looks to be 2 LARGE SPIKES WITH MULTI DAY GREEN CANDLES

and in between are a few hills with up to 75%ish fluctuation

Am what I looking at considered a trend here? If so, Do you think trend might continue? Could this be poised for another multi day runner ?

Thank You

..last 2 mondays have been PR's …maybe another this Monday?

[10thMountain]

FNMA.....You were right, lowtrade. The down channel is continuing. Do you see any signs of reversal? tia