I got insomnia at the moment, everytime i try and sleep my head starts buzzing thinking about whats gonna happen in the markets this coming week.
Just been looking at the charts for the Mosiac company, the closing price on friday was 141.81$ what would be a really good thing to happen on on Monday is for that price to hold and for the closing price to be above the 142.74-142.99 range. If that happens then a move up towards the next major resistance at 148$ could be on the cards this week
That would be fantastic because what tends to happen in ag sector is that MOS or POT lead the way up or down and the others follow. So if MOS rises this week it will drag two other stocks we have, MON and POT with it.
It could be a good week, but I need oil prices to stay high and for corn and wheat prices to remain at current levels or go back up. A couple of crop destroying storms in the US would would help us out too
Of course we also need the wider market to stop flushing itself down the toilet everyday
