Hello and welcome to this analysis The stock is at the PRZ of a Bullish Harmonic Cypher formed in Weekly time frame. A bounce/reversal till 340 to 375 is probable as long as it does not break 250. Risk Reward for the trade is v good at 1:3 Harmonic Trading Patterns consolidate and then give strong follow through of trends. Since this is based on weekly time frame,...
MOS Daily cautiously bearish. Recommended ratio: 15% MOS, 85% Cash. *Putin continues his quest to annex all of Eastern Ukraine and has now concentrated attacks in Lysychans'k which is one of the last Ukrainian strongholds in Luhansk (the fall of this city will all but guarantee that Eastern Ukraine belongs to Russia). President Biden announced today the US...
A great 2x inverse ETN for this recession is MJIN, which is opposite of MJXL. By early morning of June 8, SMG reported less expected FY22 earnings, sales & profits. This largely affects weed ETFs due to heavy use of their products for growing, as we can see the spike here shortly after the news broke. In this case, due to rising inflation across the economy, most...
Tested the 585 and broke below. Long targets identified in yellow. 458/390 likely accumulation range before a return to the upper green triangle.
MOS/USD Daily neutral with a bearish bias. * Fed minutes were released today and confirms that the Fed is committed to two more rate hikes in June and July of at least 50 bps with potential for another 50-75 bp hike in September, and that they will sell mortgage backed securities (rather than let them roll over) if necessary as a means of reducing their balance...
MOS/USD Daily cautiously bearish. *USD bouncing back today as equity markets plunge lower.* Recommended ratio: 25% MOS, 75% cash. Price is currently trending down at $58 and is still technically testing the uptrend line from 01/24/22 at $59.50. Volume remains moderate and fairly balanced between buyer and sellers over the past nine sessions; though premature,...
It's a Brave New World. Fertilizer was facing a shortage going into 2022 (like most commodities, it has had a undersized amount of investment, with tech seeing most of the in flows) but after the Putin YOLO (that's my ELI5), potash is now in shortage. Using that fact as a basis for expanding my commodity thesis to include more food commodities. I picked CANE...
Building on the prior idea, this stock remains good but fundamentally is priced well. I think we have seen a fundamental shift in demand for the shares and they will remain channel bound upward until we see a significant change. Institutions have been re-balancing their portfolios (ETFs/Mutual Funds etc) with names like MOS giving it a boost in demand (and removal...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Where can we feel the impact of high inflation most directly in our daily lives? Food and energy! Livestock is a market that certainly deserves more of our attention. Surging energy prices (especially natural gas) have led to high fertilizer prices, which pushed up grain prices. Eventually, that gets translated into higher prices for livestock which are heavily...
Above the 9 SMA and 200 SMA, MACD is switching over, and RSI has Go Go Juice Nutrien ($NTR) the world’s largest corporate potash producer is increasing production by 10% to 15 million metric tons for 2022. The stock’s share price is up +20% this year. Disclaimer: Stratford Research newsletters reflect the research and opinions of only the authors who are...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
KRN (Karnalyte Resources) Agriculture and fertilisers are hot industries now. The chart is really overbought but I like this bull flag and will be looking for a break out of the flag for a short term trade. If the pattern is confirmed, 1st target is 1.36, 2nd target is 2.17/2.34 Initial stop loss at 0.93, then raise it accordingly. Trade safe!
High dividend stock with growing revenues (last Quater div growth +50%, revenue +50%, EPS +300%) The market for mineral assets is growing fast and is key for the future growing agriculture market
MOS move above 17 may indicate a clean breakout move targeting 30 - interesting long play in Agricultural related equities
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
65$ for approx 50% Fertilizer industry looking very strong as a whole
CF Industries Holdings, Inc. ( NYSE:CF ) Sector: Process Industries (Chemicals: Agricultural) Market Capitalization: 14.155B Current Price: $66.00 Breakout price: $70.00 Buy Zone (Top/Bottom Range): $66.00-$61.50 Price Target: $78.90-$80.00 Estimated Duration to Target: 80-88d Contract of Interest: $CF 5/20/22 70c Trade price as of publish date: $4.95/contract