U.S. lifts $400 billion cap for Fannie, Freddie – CNBC
FRE
Immediate Support: $1.036
Immediate Support: $0.917
Immediate Resistance: $1.132
Things to watch out:
- 20D MA crosses up 50D MA – A bullish sign.
- Whether FRE & FNM can stay above the 200D MA
- Whether FRE & FNM can show a higher high & higher low uptrend pattern.