Good point ... It is all political ... But the trends are there. And from what I have seen ... The RSI has dictated the buy and sell points in every run both directions in this stock..
I think you would be surprised. Look at the other charts I have posted and you can see that Elliott wave theory is alive and well with this stock. Everyone was expecting a sharp run in August but if you look at the chart you can see that it wasn't ready for the run because FNMA was correcting.
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