#FNMA #FMCC here are the daily levels for rejects around 8.11 FNMA and 7.11 FMCC on the 5 day chart.📊 bounce off of 7.01 and 8.01 for either. If falls below these levels will retrace.

#FNMA #FMCC While I am long on both I’m posting critical levels every day for folks here to understand how critical levels work on this trade. Been in it for more than two years scalping profits on weekly pullbacks 🎯

Why is the price going down on #FNMA and #FMCC you ask? Because of liquidity. In the last three weeks, we’ve seen a run from mid 4-5$ on both up to mid $7-8 last week. Profit taking here are the next retracement areas to Fibonacci still pulling back before continuation IMO.

#FNMA and #FMCC Prices retraced today into those areas I talked about in my post yesterday 6.68 on FMCC and 7.63 on FNMA, Still long but my next price targets on the pull back are here I have been looking at this week on next Fibonacci levels. Will look at sizing in here. ⬇️

They say imminent but I believe #FNMA targeting a reject today on low volume at around 7.65-7.7 and on #FMCC price action today target a reject at 6.56-6.6 for potential lower price targets I posted this week. I’m still long but this is just like any other levels trade.

Playing with my money is like playing with my emotions..” #FNMA #FMCC in this trade for two years and here is my experience thus far as well as some thoughts on approaching this from two perspectives, a fundamental, and both a signal traders view

#FNMA price action ..Here are the levels for the coming week everybody we reached this first level of 6.98 almost perfectly today holding at 7.01 however I believe as I mentioned three days ago, we would be trending into this next level of liquidity. Profit-taking.

#FNMA #FMCC are so close to release they say then why isn’t the price trending up? Ask the one eyed man in the land of the blind. Let’s stop smoking Hopium on this trade and trade levels on it like any other stock. Trending targets from last week.

#FNMA #FMCC low volume less than 2 million today this morning if you ask me, I don’t trust that kind of volume to push the price up in the AM. I would not chase this for any entries wait for it to pull back.

#FNMA #FMCC about to announce another set of huge quarterly earnings today. The question of SPS conversion still stands and in the past quarterly earnings have not driven the price up but typically the opposite. Low volume last few days still looking for retracement

#FNMA #FMCC one of the lowest opening trading volumes less than 1 million shares traded in the first hour and a half after earnings yet the price is up 4% almost. 😅 low volume the past few days as well. That sounds like a liquidity trap to me before pushing up further.