Chart courtesy of stockcharts

Hello Folks !! It's time to analyse a famous company that is making a lot of sucess on the Bull side, Mosaic Corp. Depending on how you draw the uptrend the recent plunge to $130 appears to have broken the uptrend line, but as the margin of the break is very small according to this chart, we need to wait for a clear confirmation with heavy volume. When this loosely drawn uptrend is broken expect a move to $110 level and eventually $98.65. Good luck to those who think this is a buying opportunity based on the patterns from October to June 2008.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.