Replies to post #129795 on Fannie Mae-No Politics (FNMA)

[mrfence]

I'm telling everyone to wait until it breaks $5 to put their big money in ;-)

LOL, the consensus ranges from closing above the 50DMA @ 1.37 to breaking $5 which it did today so.... reversal confirmed?

[MonestHind]

Break and hold at 1.80 would confirm. Looking good so far, but we face major resistance that wasn't a factor last time this moved big. It will be much more difficult to reach levels seen on the last run.