Potash Could be on the Verge of a Breakout

By Nov 17, 2009, 12:46 PM 

Fertilizer stocks were some of our huge scores in 2007 and first half 2008; specifically Mosaic (MOS) but Potash (POT) was another huge winner. While Mosaic remains comatose, Potash might finally be ready to join the commodities party. I have been observing a double top area in the $106 range; a breakout over that level could lead to a much larger move. As I type this Potash has just broken over $106…. (chart)

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