InTheMoney Stocks

Intra-day $MON Level To Watch

MON (NYSE:MON)  
NYSE:MON   MON
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Leading agricultural products maker Monsanto             Co (NYSE:MON) is trading lower on the session by $1.24 a share to $106.38. The stocks seems to be trading lower in sympathy to most other stocks in the sector. Earlier today, leading agriculture company Potash Corp. of Saskatchewan Ltd (NYSE:POT) reported that their third quarter profit declined by 45 percent. This news is definitely weighing on most stocks in the sector. Day traders can watch for important intra-day support around the $105.55 level. This is an area where day traders can look for a potential intra-day bounce.

Nick Santiago
http://www.InTheMoneyStocks.com
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