Mosaic Co. saw a new “Go” train identified in early August.
However, since then, it struggled to maintain those price levels. We saw a series of amber “Go Fish” bars later in the month as the GoNoGo Oscillator crashed to the zero line, threatening to break through it. Now, we see the GoNoGo Trend able to paint a succession of strong blue “Go” bars. and the oscillator after riding the zero line for quite some time appears to have found support as it moves into positive territory. Look for price to try to regain the highs of almost $35.
By
Alex Cole
