Fannie Mae
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FNMA Monthly Wave 4 appears to be complete

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FNMA wave 4 appears to be complete, 285%.. which is solid, could buy now, sell half at $15 and let it ride with original cash out of it (that's what I do)...
My original investment in FNMA was returned years ago and if it reaches $20 then there should be a 6 figure profit with no original cash in it, but I do not trade this stock - it is a long term buy and hold...

Forming a monthly basing candle that looks like it will be targeting around $20 in the next 1-2 years, that's ~$7 to $20 =
The 5th wave completion ends around the long term trend line created by the GFC, so it will likely dawdle there for a couple of years before eventually breaking through

Full disclosure I own this stock and have done for >15years, this is not a recommendation just my opinion on where I think we are

Longer term I think this stock will head much higher as the chances of going bankrupt and destroying the US housing market are Nil...

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