SOLD THE LAST OF MOS CALLS THIS MORNING ON FREE TEXTING SERVICE. NET GAIN WAS 224% IN 9 TRADING DAYS. STILL OWN STOCK FROM $31.46 BUT AT TOP OF BOLLINGER BANDS AND OVERBOUGHT AT THIS POINT....OZ
WE RE-BOUGHT THESE CALLS @ $ .62 LAST WEEK AFTER SELLING THEM @ $1.92. 100% UP RULE DICTATES SELL HALF @ UP 100%. MAY GO HIGHER BUT RULES ARE RULES..OZ
W sold the MOS 2/32 calls @ $1.92 the last time and the stock has gotten back to support, so I'm trying it again. If it breaks $30.69 I'm gone, but we're oversold here and it fits my risk/reward profile...OZ
WHILE i STILL LIKE MOS IT IS OVERBOUGHT AND IS CURRENTLY AN "INSIDE" DAY. IT HAS TOPPED OUT ON EACH OF ITS LAST RUNS IN THIS MANNER SO I'LL STAND ASIDE WITH OVER A DOUBLE AND WAIT TO SEE WHAT DEVELOPES...OZ
Premarket trading $31.95, highest print since we got long the 2/32 calls. If we breakout the next resistance is 32.40-40 and then 33.25. If we clear this area $35 is what I feel we can see...OZ
Long the 2/32 calls from yesterday @ $ .92. A break of $31.54 breaks us out for $34-36...OZ
Buy the reversal back to the trading range, if strong follow-through continues, then we want to see the break of range and pullback to range high, then high potential for trend continuation.
Soft commodities breaking out recently pushing agriculture stocks like Potash (POT) and Mosaic to new Hi's. Buy a pullback to demand zone highlighted in yellow. Zone sits at former resistance level which should now act as support. Could also be looked at as a cup & handle pattern as well. Trade offers good R/R. Entry: 30.43 Stop Loss: 29.89 Target 1: 33.5
As an extension to our recent post on the US Materials Sector, we have identified 8 US stocks which we think could strengthen in the coming months. Of particular interest is Mosaic (MOS): Mosaic is showing signs of base completion, as prices pressure the USD31.10 range highs. Improving studies anticipate a break towards the USD34.15 retracement, with scope for...
Mosaic touched resistance after breaking the support level and closing below it yesterday. NYSE:MOS
Showing support at 23.91 - Volume is rising....
Daily charts show a double dip with a support level @ 24.... Though we could see a potential dividend cut, buy & hold with a $40 2yr price target.
Will this bounce off support again or go test a double bottom? Plenty of opportunities for a long entry with stops.