Mosaic Poised for Next Move

Mosaic (MOS) is in its third session of consolidation after rocking Wednesday morning above near-term resistance at 65.40/45 up to 68.50/60.

Based on my intraday work, the orderly digestion period between 68.00 and 66.00 looks like it is nearly complete, which if accurate means that in the upcoming hours MOS should thrust to the upside towards my next optimal target zone of 70.00-71.00.

Only a break beneath 65.70 will compromise the developing bullish pattern.


  Matched
x
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!