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* Today's Sector Analysis: "Metals & Mining  " Institutional Technical Viewpoint
Buy Alert!
Intrepid Potash Inc
(IPI):
$30.13 Stop. $28.13 P-Stop $39.50 P-Objective
Dow Jones Ind: 10,318.16 Nov 20, 2009 * Price Objective: 10,500
Volume Two No. 2349
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MOSAIC COMPANY
(MOS-NYSE):
Technical Viewpoint: From a low
of $45.00 on Oct 5, 2009 prices
rallied, reaching a
high of $54.98
on Oct 21, 2009. A
decline saw prices pull back, reaching a
low of
$46.16 on Oct 30, 2009.
Another rally saw prices penetrate
resistance, closing 11/20/09
at $55.31. Technicals: MACD Index (MACD): A Buy Alert!
was given on Nov 18, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $52.42. Resistance: Is at $55.73.
Point & Figure: Reversed to the upside on Nov 20, 2009. A P&F upside
reversal takes place at $52.00. Summary: Technical indicators have turned bullish. BUY! MOSAIC COMPANY
(MOS-NYSE) @ $55.50 Stop: Use a protective stop of $53.00.
MOSAIC COMPANY is currently trading @ $55.31 plus $1.25 on Nov 20, 2009. Price Objective:
$67.50. Risk/Reward: $2.50 VS. $12.00. Today's Risk Reward Ratio:
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Click here to view full size chart
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DISCLAIMER: This report is not intended as an offering or a solicitation of an offer to buy or sell the securities and futures mentioned. While all information is derived from sources we deem reliable, we do not represent that it is accurate or complete. Such information and the opinions expressed are subject to change without notice. WALL STREET TRADER'S COLUMN™, its officers, stockholders, and employees and their families may have a long or short position in or may at any given time purchase or sell the securities or options relating thereto <
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