NYSE:UAN A cheap fertilizer producer with strong fundamentals is a strong bet for 2023. Latest ER reported strong Revenue and EPS beats despite Russian fertiliser exports being at all time highs. MR Quarterly production was impacted by maintenance - this work has been completed and it is likely that production volumes will return to normal this coming quarter...
Wait for the reverse candle pattern to enter. Stop loss outside of the channel or below support level (96.00). Follow the targets for profit taking.
UAN has reversed out of a bearish trend on a higher timeframe It is now ready to take off after forming this slanted double bottom along the strong uptrend on current daily timeframe This upward expectation also allows for the suggestion of a Megaphone structure Bullish
CVR Partners LP is a holding company, which engages in the nitrogen fertilizer business. Its products include ammonia and urea ammonium nitrate fertilizers. The company was founded on June 1, 2007 and is headquartered in Sugar Land, TX. UAN IS NOW WORTH A BILLION CONGRATS SO WITH THIS DIP WELL THIS CONCLUDES MY AGRIC STOCK SEGMENT I dont spill my strategy sorry...
Expect it to return to pre-covid levels. Maybe with 10-20% discount. Overall their business seems safe. Take profit - 25. Or maybe even to keep it long-term, depending on how they will pay dividends.
From the recent weekly low and trading within a wedge there is a possible outbreak towards the previously known monthly level at $2.35 which would be a nice exit if you bough around $0.9.
$UAN is setting up for a major breakout. We recommend going long on a break above $4.35 Headquartered in Sugar Land, Texas, CVR Partners, LP is a Delaware limited partnership focused on the production, marketing and distribution of nitrogen fertilizer products. It primarily produces urea ammonium nitrate (UAN) and ammonia, which are predominantly used by farmers...
$UAN little late on catching this but looks to hit 200MA around $9