The change in trend distribution has brought quite a few trading opportunities to our attention. Among the newly Weak Bearish stocks are the agra-chem stocks that had fallen precipitously last year. Potash Corp. (TSX:POT, NYSE:POT), Agrium (TSX:AGU), and Mosaic Co. (NYSE:MOS) all show promise of being in the advanced stages of a bottom, moving in an extended trading range but giving investors a good opportunity to play the upside on limited downside risk. Seasonal factors as well as improved broad market conditions should help these stocks.
And joining the group in a positive move today is Monsanto Co. (NYSE:MON), jumping over 15%.
Showing posts with label TSX:AGU. Show all posts
Showing posts with label TSX:AGU. Show all posts
Wednesday, January 07, 2009
Tuesday, October 23, 2007
Open Text opening
Tech stocks are generating deserved interest among investors. TSX investors have a limited range of options beyond the marquee name of Research in Motion (TSX:RIM). However, Open Text (TSX:OTC) is on the Stock Trends watch list. The stock will be a Bullish Crossover in the coming week after its staccato advance since mid-August. Trading volume in OTC has been weak or moderate over the past couple of weeks, but tech momentum could help swell the stock toward new highs. Look for another push in the coming week.
Stock Trends Report: Open Text (TSX:OTC):
http://www.stocktrends.ca/?symbol=OTC-T&page=streport
Stock Trends Report: Open Text (TSX:OTC):
http://www.stocktrends.ca/?symbol=OTC-T&page=streport
Tuesday, January 16, 2007
Agriculture chemical stocks fertile
Amid the drop in crude oil prices and the inevitable strain on energy stocks, the market has found good reason to be bullish on the global agriculture economy. Agriculture chemical stocks, in particular, have been especially bullish through the end of 2006...and have piled on even more gains in the new year. Agrium Inc. (TSX:AGU, NYSE:AGU) scaled $40 today reaching another new high. Monsato Co. (NYSE:MON) added another 5% to eclipse its 52-week high. Also hitting new highs were Terra Industries (NYSE:TRA), Bunge Ltd. (NYSE:BG), Dupont (NYSE:DD), and Hanfeng Evergreen Inc. (TSX:HF).
HF was a Stock Trends Pick of the Week and TSX Portfolio buy a year ago at $3.09, although the trade was stopped out on volatility in the spring ($3.70). HF has remained a ST Bullish stock and today's move to a new high of $5.15 promises further advances.
Stock Trends Report - TSX:HF:
http://www.stocktrends.ca/?page=streport&symbol=HF-T
HF was a Stock Trends Pick of the Week and TSX Portfolio buy a year ago at $3.09, although the trade was stopped out on volatility in the spring ($3.70). HF has remained a ST Bullish stock and today's move to a new high of $5.15 promises further advances.
Stock Trends Report - TSX:HF:
http://www.stocktrends.ca/?page=streport&symbol=HF-T
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