Tuesday, April 1, 2014

Fertilizer Stocks

The fertilizer stocks are showing sign of moving higher.

MOS

Stalled at 50 for a while and appears to be making another attempt to break above the 50 resistance and proceed to fill the remaining portion of the price gap. If it fills the price gap, then the next potential resistance is up at the 57 level.

(click on the chart to enlarge)



POT

Similar price action as MOS, it also is breaking out to fill the remaining price gap and move toward the next resistance level near 40.




AGU

Broken out and retested the long baseline near the 96 level and it could be heading up toward the next peak near 108.





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