$MOS continues to move higher after breaking out of its 2 year channel
Price also retest the channel from above and held above the blue support line that has been in place since 1991.
Next test will be the 0.65 Fib at $32, which was a former support level before turning into a resistance level in early 2024.
A hold above $32 and the 200 WMA is the target next at $38.
In the meantime, we want to see a new impulse wave forming here too, indicating the start of a new cycle and a return to ATH's at $79