MOS trade ideas
MOS Mosaic Corp.Very interesting set up,
Looking to sectors performance indexes it seems
Materials should do well
Take care at 37 but this one has a lot of potencial for this week
look at the weekly chart of this stock as well
this stock.
has always look for profesional advise
this are my guess
i ´m not a profesional adviser.
Trend is up, price action over MA20,MA50,MA100
Charlie
Good Luck
MOS to go back down to bottom of rangeMOS has had a good run up since the low of $6.50 at March'20.
It didn't have much pullback from $6.50 to $33. Nothing lasts forever. Judging from the Weekly chart, $33 area has a been strong resistance and it doesn't look like it will break above it any time soon.
We should be able to enter at a better price when it retest the $33 resistance again.
Target profit 1 is $25, just to lock in some profits.
Target profit 2 is $22-23, the lower band of the range.
We can look to buy when it is at the lower band, but that will be another analyze...depending on the price action then.
Disclaiminer: I'm not giving any trading and investing advice. Just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
The MOSAIC Folder DailyHey traders, MOSAIC is in a fake bearish push with a large upside down candle and a large return of traded buy volume. On TIMEFRAME M1 shows a hammer candle shape returning with a fake return of traded sell volume, it left on its last low point to swallow to come back to check the top of the equilibrium zone. Great propability of breaking out the price with the momentum then at the same time the zone to fit in the one above and interfere with the coming top.
With a test of the bollinger high then rising to the last high point, but enough buying power to breakout a level in the equilibrium zone for now.
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