1/5/2014 update
Wrote about FNMA first here :
http://peterpanstocks.blogspot.com/2013/10/fnma-3rd-epic-run-coming-10.html
Since then FNMA has risen over 100%+ and i believe there is more to go. pretty good return on your $$ wouldnt you say?
Also a billionaire hedge fund manager Bill ackman invested 10% in FNMA and FMCC
maybe my blog post sparked his interest ;) ( you never know )
Currently the stock is small ranges consolidation and im looking for the first reversal green bar volume day
would like to see a 20mill+ vol day.
I do believe this will be a jan play runner also the chart is beauty makes a move consolidates which is really bullish setting up nice support areas for this stock
stock runs pulls back digests and runs again next run when it breaks 3.50 i think its gonna see 4.50-5 then some more consolidation before next leg
I will look to get in when i see a sign of reversal with volume
First picture daily chart 2nd weekly chart
I still believe this can see 10-15 when it gets running again
Check out $AAMRQ everyone thought this was done for this bankrupt stock went from .40 to 7 then crashed to $2 then rips to 13 over the next 3 months insane- this was all news based and merger business but still people think its over then bam starts creeping higher
Would you be willing to chat about some of the charts you've used, for a story I'm researching on recent volume in OTCBB stocks? if so, can you AIM me at TKMarkets? thanks for any help
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