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Mosaic Co/The Falls 1.48% on Heavy Volume: Watch For Potential Rebound

By James Quinn

Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $19.35 to a high of $19.76. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $19.60 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that its subscribers protect gains by selling shares of Mosaic Co/The on July 11th, 2019 by issuing a Downtrend alert when the shares were trading at $22.74. Since that call, shares of Mosaic Co/The have fallen 13.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, Mosaic Co/The share prices have been bracketed by a current low of $19.47 and a high of $37.37 and are now at $19.55. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has slid 0.5%.

Keywords: rebounders mosaic co/the

Ticker(s): MOS