MOSAIC COMPANY
(MOS-NYSE):
Technical Viewpoint: From a low
of $34.20 on Feb 2, 2009 prices
rallied, reaching a
high of $48.68
on Feb 9, 2009. A
decline saw prices pull back, reaching a
low of
$35.75 on Feb 23, 2009.
Another rally saw prices penetrate
resistance, closing 2/27/09
at $43.05. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Feb 28, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $37.88. Resistance: Is at $44.50.
Point & Figure: Reversed to the upside on Feb 28, 2009. A P&F upside
reversal takes place at $41.00. Summary: Technical indicators have turned bullish. BUY! Mosaic Company
(MOS-NYSE) @ $43.75 Stop: Use a protective stop of $41.75.
Mosaic Company is currently trading @ $43.05 plus $3.39 on Feb 28, 2009. Price Objective:
$53.50. Risk/Reward: $2.00 VS. $9.75. Today's Risk Reward Ratio: 5:1
|
Click here to view full size chart
|