Stock Chart Analysis MOS

Posted by downtowntrader | 7/23/2007 09:50:00 PM | 0 comments »

Stock Chart Analysis

The Mosaic Company (Public, NYSE:MOS)

MOS has been on a heck of a trend since February doubling in price in that time. It has been resolving into a triangle over the past two months as volume decreases. The bollinger bands have squeezed real tight perhaps foreshadowing a sudden increase in volatility soon. I am keeping an eye on it to see if the move is higher. If it is the move could be similar to the one leading into the triangle.


Good Trading,


Joey

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