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Will MOS Thrust Into A New Upleg?


My BIG picture work on The Mosaic Company (MOS) argues that after the current bullish consolidation between 59.00-and 56.00 runs its course, the price structure should thrust into a new upleg towards 60.00 next, on the way to 62.00-63.00.

As long as 56.20-56.00 contains any forthcoming near-term weakness, I want to be long MOS, looking for the large, rounded base-like pattern since mid-2011 to full-fill some of its projected upside potential.

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