Hey guys, NUTRIEN is in a fake bearish movement large volume buying we can see an abortive attempt by sellers. But despite this, we are still asking for a high probability of crossing the bullish gap to reach the next higher. Which is at the limit of fibonacci and due to the high volume, it can break with force and start falling again.
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Nutrien? What in the devil is Nutrien?
Well, I'll tell you what it isn't - 1) a good name for a company 2) a profitable company 3) a stock chart with room for interpretation and 4) in massive trouble come Monday.
Nutrien is one of the few agricultural chemical companies that have a high enough price to short using Put options. Now that is pathetic. Even better,...
In February I suggested fertilizer stocks looked great, after a tough 2019 growing season. After hitting lows of around $28, Nutrien has been on a tear. The dividend is still 5.5% and company is well positioned to benefit from a stronger planting season in 2020.
The promise of better weather this growing season (Farmer's Almanac) than terrible 2019, Locusts in Africa destroying crops and possible higher demand in China for agricultural products should improve sales for nutrients. Canada has the 2nd largest reserves of Potash in the world, and is the leader in terms of global production. One advantage for the price of...
This is in interesting structure as we can see that it is in a large wedge that started since july and within that wedge there is a channel created since mid September.
On the daily there is bulish divergence on the RSI,MACD, William r% and OBV RSI
www.tradingview.comIf we zoom in on the hourly we see that this falling wedge is about to mature and it is...
TSX:NTR
Weekly
Rough 2019 for Potash and hence Nutrien
Downtrend in RSI & Price for most of 2019 and touching support
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Nutrien's 2020 guidance is positive, but I am skeptical because....
Unpredictable weather is starting to become common and in 2019 it was
For example, corn farmers in the US farm belt received so...
Hi, today we are going to talk about Potash Corporation and its current landscape.
We can expect an increase in volatility and speculation around the Canadian fertilizer company Nutrien. Since, Corn and Soybeans could (or not) give a sweet surprise for investors and U.S farmers as the Corn Belt it's poised to once more fall on Donald Trump grace, after a tough...
$NTR Yesterday indexes were weak, but this stock went up with 1.77x average volume. Today it was a follow-through day with 1.79x avg. vol. Looks like good spot for a long pos. after a double bottom pattern.
Agrium and Potash Corp merger; savings (selling lithium assets in chile)
promised a 3,5% dividend
Potash at low price $230 ton which will rise over time with the worlds population growth
Could be one to happily take the dividend and acquire more if price goes down.
Could benefit from a falling dollar)
And that commodity prices rise at the end of a business cycle
