Mosaic Company (The)

MOS testing key resistance

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Mosaic Company (MOS) presently trading above key resistance, able to absorb weekly selling pressures.

A weekly settlement above this resistance zone would place (MOS) into a buy signal where gains of 20% would be expected over the following 1 - 2 months, and 30% over the following 2 - 3 months.

Inversely, a settlement below a key support level would lead to bearish momentum where losses of 20% would be expected over the following 2 - 3 months.

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