Fertilizer Stocks POT & AGU may have bottomed

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Klaus

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Fertilizer Stocks POT & AGU may have bottomed

posted on Jul 08, 2010 12:04PM

I especially like AGU - downtrend since March is broken. Looks like it broke out of a bullish falling wedge. There's also positive MACD & RSI divergence.

The first rally often gets sold, so I'm going to wait (hope) for a pullback. If it comes, I plan to sell just-out-of-the money August puts.

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