$MOS is a position I have been watching for about 2 years now as it continues to search for support and being held down by its 200 Day MA
Big test coming up at the 0.78 Fib at $22, a hold here, followed by the start of an impulse wave and clearing the MA's, this could then be starting a new impulse wave that is likely going to last for a number of years too.
Fundamentals are strong and also a sector leader, there is a significant upside target to its previous ATH at $79 when the reversal comes.
Paul
2024-12-26 17:42:48 +0000 UTC