Broke out of Descending triangle. News of Potash is the fuel for shorts to cover. Watch this strong recovery.
Last weekly wedge it broke out of, just like this one, went up 120% in 5 months. People gotta eat!
Reclaimed falling wedge line on weekly. May see a reversal. Needs confirmation
POT broke down below a long term uptrend line back in March but the selloff has not been able to gain momentum. No position here, but watching for possible false breakdown and a move back inside the uptrend line. If so, a larger move back towards 40-45 may be coming after some initial resistance ~$35-$37.