Long Potash. The upside POTENTIAL is HUGE, IMO.

Description

⋅ Nov 22, 2016 2:23 PM

Technically Speaking
Potash is currently holding support going back to 2009 around 16.00.

The first level of supply is not until the 36 level, over 135% to the upside.

Fundamentals
Here is a nice write-up.

What to do?
I am long this stock. I will look to stop out under $10. I will hold this position until I am either stopped out or my 1st target of 38 is hit.

This will be a 5% position of the model portfolio.