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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Tuesday, March 31, 2009

POT


Potash appears to be trading ahead of the overall market and may be a good indicator of things to come.

It's also shaping up for an easy long trade with a failrly tight stop at $79.45 just below the 200 hour EMA and 50% Fibonacci level. This level should act as support as the right shoulder of an inverted H&S pattern forms.



For the Web's best interactive charts, please visit http://www.Prophet.Net
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