MOS trade ideas
MOS looking good for a swing tradeFundamentals don't really back it but this is 2021. The year the rules don't matter.
Staging Breakout and Uptrend (MOS)
Staging base, breakout and uptrend
High volume breakout
Entry point is at breakout level
$MOS will pullbackRSI leaving overbought area, wide divergence from the 20 moving average, volume down on the way up is bearish, Stochastics flipping down. short term target 26.25
It's ok to dream of $80 price targetI just used Fibonacci extension and got the $80 price target. Do you believe it? I don't! But I will buy one share to bet that I'm wrong.
$MOS Update. NYSE:MOS broke above $25.5. Current supply zone at $27.6. Look to buy back at support levels.
2020 Actual Trade: MOS +31% Profits
Bottom base was identified from March to May in the range 8-13
New base was formed from May to July in the range of 12-15 which was tighter
Breakout occurred at 08/04 crossing above 15 resistance
Entry point was 3 days later 08/07 at 17.09
Noticed volume were strong from 08/04 to 08/07
Another sideway base or consolidation in the range of 17-20 from August to November
MOS made another breakout 11/23 before thanksgiving above 20
Long waiting got +31% profits from MOS “Breakout After Breakout”
BREAKOUT CUP AND HIGH VOLUM BUY MOS ABOUT 23.40$TAMPA, FL / ACCESSWIRE / November 24, 2020 / The U.S. Department of Commerce announced today that it preliminarily found that phosphate fertilizer imports from Morocco and Russia benefit from countervailable subsidies. Commerce calculated a subsidy rate of 23.46 percent for Moroccan producer OCP. In the Russia investigation, Commerce calculated rates of 20.94 percent and 72.5 percent for the PhosAgro and EuroChem respondent entities, respectively, and a rate of 32.92 percent for all other producers/exporters. Beginning in a matter of days, the rates from Commerce's preliminary determinations will be used to impose preliminary cash deposits on Moroccan and Russian phosphate fertilizer imports into the United States.
1% CAPITAL
$MOS MAYBE UP?if we were not in a down market right now I'd be all over this one. Price crossed 10 EMA today my other indicators are all pointing up. Just going to monitor this instead. Watching for S&P to close above 10 ema before I jump back into any longs.
Head and ShouldersThe price breaks the neckline. The closer the two outer tops are to the same price, the more accurate the pattern.
Mosaic - Will Fly due to Reduced USA/China TensionsNo joke, my year end PT is $30/share, where an extended target would be $35. The way I am playing this is with a long dated option that is in the money already. A break below $18 would signal a lower move.
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