Ags Stocks Setting Up For Breakdown

Sponsor: Trading Pro System - Trade Stocks & Options! Make Money Regardless Of Whether The Market Goes Up Or Down!

Agriculture stocks have been bouncing on low volume after breaking down on huge volume. Any bounce towards the logical area of resistance can be viewed as potential short sale zone. I have highlighted 2 (POT & MON) of the few names that are setting up nicely on the short side and present low risk/high reward setup.

Monsanto (MON): Short @ 79-80

Potash (POT): Short @ 100-101


[Ask] [Bloglines] [del.icio.us] [Digg] [Facebook] [Google] [Kaboodle] [MySpace] [Newsvine] [StumbleUpon] [Technorati] [Windows Live] [Yahoo!] [Email]

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments

No comments yet.

Leave a comment

(required)

(required)