Share
Go down
avatar
Moderator
Number of messages : 417
Points : 1992
Date of Entry : 2015-06-28
Year : 33
Residence Country Residence Country : Russia
View user profile

ma1 Mosaic Company (MOS)

on Wed Jan 25, 2017 7:16 pm
Below is a daily chart of The Mosaic Company (MOS), $33.72

[You must be registered and logged in to see this image.]

Trade:  We recommend selling 10 March $30 puts (51 DTE) (half currently around .60/share and half at $.70/share on a possible retracement in the stock).  Note:  holding over earnings is higher risk but we like the stock long term.
Strategy:  Bullish Wide Range Bar (+WRB) breakout on daily and weekly charts in strong fertilizer/commodity sector.  Note:  also watch MON and POT.

Max Gain:   Credit received of $650.
Max Loss:  Cost basis will be $29.40 if assigned.
Stop Loss:  $29.88.

sourceČ mastertrader
Back to top
Permissions in this forum:
You cannot reply to topics in this forum