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

 

New York, NY -- (ReleaseWire) -- 03/15/2013 --Federal National Mortgage Association (OTCQB: FNMA) is trading in the range of $0.30 and $0.38 in its current trading session. The stock recorded the volume of 23.381 million shares so far, in comparison its average daily trading volume of 3.356 shares. The stock opened at $0.31 and is currently at $0.38, up 28.10 percent from its previous close of $0.30. Federal National Mortgage Association has its first resistance level at $0.41 while it faces the support at $0.35. If the stock breaches this level, it may go touch $0.33.

Federal National Mortgage Association deals in insurance market. It is based out of Washington.

Find out if FNMA could maintain its bullish momentum by getting the full trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=FNMA

AMR Corporation (OTCQB: AAMRQ) shows neutral trend as the stock made sharp movement in its latest trading session. It opened the session at $4.25 and remained in $3.92 and $4.25 price range during the session. The stock is 4.80 percent lower at $3.95. AMR Corporation’s first support level is at $3.90. Upon breaching this level, the stock may touch $3.85. On the upside, its first resistance level is at $4.10. The stock has traded 8.866 million shares so far.

AMR Corporation offers scheduled jet services and it is currently going through merger with US Airways. The company is based out of Texas.

Find out more on AAMRQ here:
http://www.monstertradingalerts.com/market-scan/?symbol=AAMRQ

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