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After Yesterday's Rally of 5.86% Shares Could Potentially Pullback

By Amy Schwartz

Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $22.53 to a high of $24.17. Yesterday, the shares gained 5.9%, which took the trading range above the 3-day high of $23.81 on volume of 3.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Mosaic Co/The share prices have moved between a 52-week high of $34.36 and a 52-week low of $21.79 and are now trading 10% above that low price at $23.99 per share. The 200-day and 50-day moving averages have moved 1.11% lower and 0.75% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Mosaic Co/The on March 2nd, 2017 by issuing a Downtrend alert when the shares were trading at $30.79. Since that call, shares of Mosaic Co/The have fallen 26.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders mosaic co/the

Ticker(s): MOS