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Watch for Mosaic Co/The to Potentially Pullback After Gaining 2.37% Yesterday

By Shiri Gupta

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.

In the past 52 weeks, Mosaic Co/The share prices have been bracketed by a low of $22.66 and a high of $37.37 and are now at $23.45, 3% above that low price. The 200-day and 50-day moving averages have moved 0.33% lower and 1.71% lower over the past week, respectively.

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.

Keywords: rebounders mosaic co/the

Ticker(s): MOS