Replies to post #110616 on Fannie Mae-No Politics (FNMA)

[ClayTrader]

Pretty much, I'd personally call it $.85 (value of 200-SMA), but we're both in the same ballpark.

[davidaames]

will never get there, maybe, possibly on a panic sell, but will move over 1 fast. technically speaking, after it broke the most important line of resistance at 1.35, it was free falling until 1 but maintained itself well around 1.20, in my opinion tomorrow it will touch 1, and by early next week it'll turn bullish again,

this is an opportunity, wait for it