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Mosaic Co/The Set to Possibly Pullback After Yesterday's Rally of 1.87%

By Shiri Gupta

Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $21.07 to a high of $21.21. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $21.18 on volume of 873,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Over the past year, Mosaic Co/The has traded in a range of $17.36 to $33.91 and is now at $21.47, 24% above that low. The 200-day and 50-day moving averages have moved 0.41% lower and 0.23% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Mosaic Co/The on December 18th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $20.53. Since that recommendation, shares of Mosaic Co/The have risen 4.0%. We continue to monitor MOS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders mosaic co/the

Ticker(s): MOS