POT

Potash Corp./Saskatchewan (USA) (POT)

 

A negative divergence of MACD signalled the June top. The correction is still ongoing. MACD has just printed a new low. The wide ranging bar of 4 August indicates heavy selling. Prices reached the support at $160 and printed a rebound at $180, which is now a resistance. I would not go against the trend in this phase. I would wait for a reversal formation.

Stock Symbol: POT POTASH CP SASKATC Stock Price: $162.05 Todays Change: 0.00 (0.00%)

Potash - This Trade is not Dead Yet!

 

Potash - The Trade is not Dead Yet. I've been in and out of this thing for 6 weeks. Pick the stock on fundamentals, but trade on technicals.

Vested Interest: 
I own 20 POT Jan 09 $300 Calls and have traded these options over the past 6 weeks.
Stock Symbol: POT POTASH CP SASKATC Stock Price: $162.05 Todays Change: 0.00 (0.00%)

Jim Cramer on How to Profit From the Agriculture Boom

SeekingAlpha's Gary Smith did a write up of Jim Cramer's recent article in the New York magazine about the new Golden Era of the farmers and his several stock recommendations.

Vested Interest: 
None listed
Stock Symbol: DE DEERE CO Stock Price: $63.23 Todays Change: 0.00 (0.00%)