This is trapping shorts going back to Dec 2015 If this can break and gap above $31 this baby is going to RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN for a swing trade.
There is still a resistance band between 29.72 and 31.16, but I think it could break higher. Cautious investors wait for confirmation ( e.g. breakout and retest ).
Broke out of Descending triangle. News of Potash is the fuel for shorts to cover. Watch this strong recovery.
Trend Line Support, bottom of BB bounce, 618 fib off low. Go long setting SL along the way
At bottom of lower BB, looking for a bounce. Slo Stoch and RSI looking to improve.
:-) wowzers.. what is potash? might look it up a bit.
Last weekly wedge it broke out of, just like this one, went up 120% in 5 months. People gotta eat!
Retook monthly wedge. Indicators flattening. 3 black crows are extended. I see reversal to upside.
Reclaimed falling wedge line on weekly. May see a reversal. Needs confirmation