An extremely important high has already been put in place. Price is expected to travel up to $126.67 before sellers come in and push the stock down to $108.68. Buyers will then enter the scenario but it will serve only as a small upward bounce before the stock hits its major low at $84.81 around Feb 9, 2010. The second leg of the sell-off will be up for assessment after the first target is met.
Saturday, December 12, 2009
Saskatchewan Potash Corp (TSX-POT)
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An extremely important high has already been put in place. Price is expected to travel up to $126.67 before sellers come in and push the stock down to $108.68. Buyers will then enter the scenario but it will serve only as a small upward bounce before the stock hits its major low at $84.81 around Feb 9, 2010. The second leg of the sell-off will be up for assessment after the first target is met.
An extremely important high has already been put in place. Price is expected to travel up to $126.67 before sellers come in and push the stock down to $108.68. Buyers will then enter the scenario but it will serve only as a small upward bounce before the stock hits its major low at $84.81 around Feb 9, 2010. The second leg of the sell-off will be up for assessment after the first target is met.
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