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Penny Stocks on the Move: (OTC:FNMA), (OTC:AAMRQ)


New York, NY -- (ReleaseWire) -- 03/27/2013 --Federal National Mortgage Association (OTC:FNMA) stock is at $0.658, down 15.19 percent from its previous close. However, its today’s volume of 25.21 million shares is higher than its usual trading volume of 23.54 million shares. The stock opened the session at $0.74 and touched its highest price point at $0.75. Federal National Mortgage’s lowest price point for the session stood at $0.61. The stock’s MACD chart shows neutral trend in the short term. Its first support level is at $0.65. Upon breaching this level, the stock may fall to $0.64 level.

Federal National Mortgage offers residential mortgage insurance services.

Find out if FNMA could bounce back in the upcoming trading sessions here:

AMR Corporation (OTC:AAMRQ) opened at $3.95 and oscillated in the range of $3.81 and $4.02 in the latest trading session. It is at $4.02, up 1.52 percent from its previous close of $3.96. AMR Corporation shows bullish trend and the stock’s first resistance level is at $4.15. Upon breaching this level, the stock may touch $4.30. On the downside, it may slip to $3.75. AMR Corporation has traded 3.004 million shares so far.

The company deals in scheduled jet services and is currently in the process of merging with US Airways. AMR Corporation is based out of Texas.

Find out if AAMRQ could maintain its momentum by getting the free and full trend analysis report here:

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Monster Trading Alerts