Fnma stock price forecast patterns suggest range-bound movement

fnma stock price forecast patterns suggest range-bound movement in the near term, with intraday momentum favoring gradual appreciation into the $0.61–$0.64 zone. Druckenmiller is best known for shorting the British Pound in 1992 alongside George Soros. The two pocketed $1 billion on the bet that "broke the Bank of England." "While we still see signs of resilience in the labor market, the higher mortgage rates that are associated with a growing economy will likely continue the affordability challenges faced by many potential homebuyers," said Mark Palim, Fannie Mae's chief economist, in a press release. "Due to the ongoing lock-in effect and affordability constraints, we currently expect another year of sluggish existing home sales." High-frequency trading signals in fnma stock price forecast show accumulation trends building, reinforcing confidence in surpassing key resistance levels soon.