Mortgage Penny Stocks Trend Analysis Reports: (OTCQB: FNMA), (OTCQB: FMCC)

New York, NY -- (ReleaseWire) -- 04/05/2013 --Federal National Mortgage Association (OTCQB: FNMA) shows neutral trend as the stock made downward movement in its latest trading session. It opened the session at $0.82 and remained in $0.78 and $0.90 price range during the session. The stock is 1.56 percent lower at $0.84. Federal National Mortgage’s first support level is at $0.82.

Upon breaching this level, the stock may touch $0.81. On the upside, its first resistance level is at $0.88. Federal National Mortgage has traded 10.483 million shares so far. The company deals in residential mortgage insurance segment.

Find out if FNMA could bounce back in the upcoming trading sessions here: http://stockreportdaily.com/market-scan/?symbol=FNMA

Federal Home Loan Mortgage Corporation (OTCQB: FMCC) is trading in the range of $0.77 and $0.80 during its latest trading session. The stock recorded the volume of 4.257 million shares, in comparison to its average daily trading volume of 7.238 million shares. Its downward movement accompanied by low volume shows neutral trend, which is further confirmed by its MACD and EMA charts.

The stock opened at $0.79 and is at $0.80, down 1.23 percent from its previous close of $0.81. It is currently trading above its 50 days SMA of $0.79 and has its first support level at $0.75. In the intermediate time period, the stock may test $0.72 resistance level.

Find out where FMCC could be headed by getting the free and full trend analysis reports here: http://stockreportdaily.com/market-scan/?symbol=FMCC

About Stockreportdaily.com
Stockreportdaily.com issues momentum alerts on stocks that can provide gains to day traders. Stockreportdaily.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. Stockreportdaily.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals Stockreportdaily.com is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading Penny Stocks. Gain an Edge by joining the Stockreportdaily.com newsletter and receiving alerts from a Pro-Active team of researchers. Trading Alerts believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.

Simply sign up for free and start receiving exclusive alerts.

Subscribe Here: http://www.Stockreportdaily.com

Disclosure: Stockreportdaily.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit Stockreportdaily.com website, for complete risks and disclosures.

Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.

For full disclaimer visit; http://www.Stockreportdaily.com/disclaimer/

Contact Info:
George Fitz
Stock Report Daily
info@Stockreportdaily.com
347-905-5009

Media Relations Contact

George Fitz
347-905-5009
http://www.Stockreportdaily.com

View this press release online at: http://rwire.com/233950