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.




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