Anyone think MOS is still going up?

[gferrets]

I'm thinking of buying some June calls for this stock. Looking at the TA, it looks like this stock is heading higher. I'm looking for some further input and confirmation that this stock looks good going long? Some help please.


Mr. Grass FerREts

[imasong]

MOS along with the others in the fertilizer group such as POT, CF, AGU, had a minor breakdown 3 trading days ago. It does seem to be finding support at the 50 sma and the 50 sma has crossed above the 100 sma which is positive. If ferts can move sideways with good basing action for a week or so and then break out upwards, that would be best imo.

[gferrets]

Glad I bought the June calls this morning when it bounced off the 50 day ma. So far, so good. It's holding that channel and moving on up!! at least for the time being...

[simpletradesnet]

Glad I bought the June calls this morning when it bounced off the 50 day ma. So far, so good. It's holding that channel and moving on up!! at least for the time being...
Cant predict june, but near term i see it reversing back lower off the 45 area.

[BuyOnDips]

I guess a lot will depend on the amount of corn planting this spring. Here's an article on the subject. I wonder if ethanol production has slowed? I'd probably plant soybeans if I was a farmer. :)

http://seekingalpha.com/article/127729-planting-seeds-for-fertilizer-stock-revenues?source=yahoo

[simpletradesnet]

MOS along with the others in the fertilizer group such as POT, CF, AGU, had a minor breakdown 3 trading days ago. It does seem to be finding support at the 50 sma and the 50 sma has crossed above the 100 sma which is positive. If ferts can move sideways with good basing action for a week or so and then break out upwards, that would be best imo.

if you really like potash then try following Uralkali on the Russian MICEX exchange overnight. get a clue how potash might open in the US.

[gferrets]

It looks good at the present. It is bouncing between that channel and even though it closed down today, it's still a higher high and lower low. Now I would like it to bounce of the 20 day ma tomorrow and resume upwards. I think it has a good shot of doing that.

[simpletradesnet]

It looks good at the present. It is bouncing between that channel and even though it closed down today, it's still a higher high and lower low. Now I would like it to bounce of the 20 day ma tomorrow and resume upwards. I think it has a good shot of doing that.

i think its still heading lower towards the 41.50 area and the 50 ema.
in fact, all 3 of my picks for tomorrow's daytrading i emailed subscribers tonite are shorts.

[gferrets]

Looked nice again today. Earnings come out on Wed 4/8. I'm not happy about that though. I have a profit right now and don't think I want to gamble on the earnings. It could break out, go lower, who knows. But if the stock can continue to move upwards of the $49 range, I'm selling my calls. What do you think?

Ferrets

[simpletradesnet]

Looked nice again today. Earnings come out on Wed 4/8. I'm not happy about that though. I have a profit right now and don't think I want to gamble on the earnings. It could break out, go lower, who knows. But if the stock can continue to move upwards of the $49 range, I'm selling my calls. What do you think?

Ferrets
often its not the earnings that sandbag you as much as it is the forecast for demand going forward