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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