FNMA Chart: Hammer Time.........a hammer formed on

FNMA Chart: Hammer Time.........a hammer formed on Friday.......FNMA closed right at the 20 DMA @ 4.01 resistance........that is the key level to turn into support........when candles form above the 20 day moving average a new up trend can begin.......the 7 DMA is above the 10 DMA.........bullish........FNMA is turning the 7 & 10 DMA's into support..........keep an EYE on 4.20........the 50 DMA & Parabolic SAR are both at 4.21.......when candles form above the 50 day moving average and when the share price breaks the SAR level it should = Major Showtime!...........

Fail to turn the 20 DMA into support = reload lower time..............

FNMA ON NEW UP TREND RADAR..................$$$

http://stockcharts.com/h-sc/ui?s=FNMA&p=D...8421902280