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Watch for Mosaic Co/The to Potentially Rebound After Falling 1.48% Yesterday

By David Diaz

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, shares of Mosaic Co/The have traded between the current low of $19.47 and a high of $37.37 and are now at $19.55. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.4%.

Keywords: rebounders mosaic co/the

Ticker(s): MOS