March 22, 2013 at 13:23 PM EDT
Hot Equities Review: (OTCQB: FNMA), (OTCQB: FMCC)

New York, NY -- (SBWIRE) -- 03/22/2013 -- Federal National Mortgage Association (OTCQB: FNMA) deals in secondary mortgage market. Its shares are trading in the range of $0.73 and $0.95 in its current trading session. The stock recorded the volume of 36.43 million shares so far, in comparison its average daily trading volume of 11.315 million shares. The stock opened at $0.74 and is currently at $0.81, up 3.19 percent from its previous close of $0.78. Federal National Mortgage Association has its first resistance level at $0.85 while it faces the support at $0.78. If the stock breaches this level, it may go touch $0.74.

The company is based out of Washington.

Find out where FNMA could be headed by getting the free and full trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=FNMA

Federal Home Loan Mortgage Corporation (OTCQB: FMCC) shows bullish trend as the stock made sharp movement in its latest trading session. It opened the session at $0.73 and remained in $0.72 and $0.92 price range during the session. The stock is 4.49 percent higher at $0.82. Federal Home Loan Mortgageā€™s first support level is at $0.75. Upon breaching this level, the stock may touch $0.72. On the upside, its first resistance level is at $0.85.

The company commands market capitalization of $2.63 billion and the stock trades at beta of 2.13.

Find out where FMCC could be headed by getting the trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=FMCC

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