Sunday, March 30, 2008

FRE FREDDIE MAC

Click on the image and it should open up larger on the same screen(right click to open a new tab). Freddie Mac and his family doesn't look good, they haven't for a while. There is a hard line of resistance at 34 and has been a nice short since touching that level. First support looks like 21 and then 16, so there is some juice left. Also, MACD is rolling over and OBV (on balance volume) is heading lower.

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