The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. The company also offers phosphate-based animal feed ingredients; and produces and sells potash for use as fertilizers and animal feed ingredients, as well as for use in industrial applications. Its potash products are also used for de-icing and as a water softener regenerant. The Mosaic Company provides its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts through a network of sales offices, crop nutrient blending and bagging facilities, port terminals, and warehouse distribution facilities. The company was founded in 2004 and is headquartered in Plymouth, Minnesota. The Mosaic Company is subsidiary of Cargill, Incorporated.
To analyze Mosiac's stock for potential trading opportunities, please take a look at the 1-year chart of MOS (The Mosiac Company) below with my added notations:
For MOS, the $60 level (blue) was a major resistance from November up until just last month. After moving sideways during most of that time, the stock has not only made its way back up to the $60 resistance, but it also broke through it last week.
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