Small breakout here for me while doing my morning scan but breaking above the blue support line at $28.36 and holding and this can move back up to the 200 WMA at $39 next.
TWEET:
$MOS nearly made it into our TOP 10 list for 2025 but just fell short because competition was high BUT:
- Below its 200 WMA at $26 (200WMA at $39)
- ABC pull back looks nearly complete
- Bullish descending wedge
- Held down by the 50 WMA, so a breakout here can trigger a reversal
- Fundamentals remains strong and a FWD PE of 10.
Very nice Risk v Reward play here when support is found.