Market Overview

Potash Day Trade Long Opportunity


Potash Corp. (NYSE: POT) has a classic bull flag formation on the intra day chart. Just below current price there are two moving averages, the 20 and 50. They are joining forces  to put in support just below current price. With the holiday volume, POT is setting up as a solid long intra day trade for a float the rest of the day. It may give forth as much as $0.25 in upside. Use a stop of any closing candle below the two moving averages.

Gareth Soloway


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Posted-In: Markets Trading Ideas


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