Replies to post #88021 on Fannie Mae-No Politics (FNMA)

[~ NT ~]

Lets see what she can do.

I was all cash since the AM pop yesterday - that was my swing position - but reluctantly sold due to the weak volume at open to protect profits - Looking at today, that turned out well it seems.

Today: Flipped the AM momo. Then watched as it tested support.

After those 2 mins of buys (1.50 @ 10.50 am), I felt reassured about the support.

Bought another position, holding that now.

Chart needed a little pull back for further move north. Not sure if this is it. Will get confirmation EOD / 2mrw.