Some people say that #timing does not matter, but it does. If you were to #buyandhold Mosaic (NYSE: MOS) at a high, see it fall, and not be able to buy more on the dip like the big boys can, that would be troubling. Over time, Stock Traders Daily has found a way to lessen the odds of this happening. Below, we provide data for MOS that can be used to help achieve this goal. The data can be used to improve the timing of buy and sell decisions. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Neutral | Strong | Strong |
P1 | 0 | 0 | 30.67 |
P2 | 36.48 | 34.63 | 33.73 |
P3 | 37.56 | 36.83 | 37.05 |
Longer Term Trading Plans for MOS
May 11, 2021, 2:30 pm ET
Our Longer Term Plans for MOS help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this MOS Report.
MOS - (Long) Support Plan
The technical summary data tells us to buy MOS near 33.73 with an upside target of 37.05. This data also tells us to set a stop loss @ 33.63 to protect against excessive loss in case the stock begins to move against the trade. 33.73 is the first level of support below 34.83 , and by rule, any test of support is a buy signal. In this case, support 33.73 is being tested, a buy signal would exist.
MOS - (Short) Resistance Plan
The technical summary data is suggesting a short of MOS as it gets near 37.05 with a downside target of 33.73. We should have a stop loss in place at 37.16though. 37.05 is the first level of resistance above 34.83, and by rule, any test of resistance is a short signal. In this case, if resistance 37.05 is being tested, a short signal would exist.