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Mosaic Co/The Rises 2.37% on Heavy Volume: Watch For Potential Pullback

By James Quinn

Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $23.36 to a high of $23.48. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $23.45 on volume of 5.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Mosaic Co/The and will alert subscribers who have MOS in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Mosaic Co/The have traded between a low of $22.66 and a high of $37.37 and are now at $23.45, which is 3% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.7% while the 200-day MA has slid 0.3%.

Keywords: rebounders mosaic co/the

Ticker(s): MOS