Investor Alley Inc.

Stocks Gainers on the Move: (OTC:FNMAS), (NYSE:BAC)

 

New York, NY -- (ReleaseWire) -- 04/11/2013 --Shares of Federal National Mortgage Association (OTC:FNMAS) edged higher in its latest trading session, tracking gains in the broad market. The stock closed 8.89 percent higher at $4.90 on above average volume of 11.55 million. Federal National Mortgage shares have gained more than 210 percent this year, outperforming the broad market. It has support at $4.60. The stock is trading above its 20-day and 50-day moving averages.

The stock’s MACD is also trading above the signal line and the zero-line. Both of these are bullish signals. The company commands market capitalization of $1.26 billion. Its stock trades at beta of 1.63, indicating high volatility.

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

Bank of America (NYSE:BAC) stock was up mildly in its latest trading session. The stock closed 0.57 percent higher at $12.32 with 105.63 million share volume. The stock is up more than 8 percent for the year. In the past 52 weeks, Bank of America is up 33.48 percent. The stock currently has support at $12.05 level. The stock’s MACD chart shows bullish trend.

Bank of America may face its first resistance level at $12.65. Upon breaching this level, the stock may go as high as $12.80. Bank of America offers financial and banking services.

Get the daily trend analysis news on BAC here:
http://stockreportdaily.com/market-scan/?symbol=BAC

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