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Tuesday, January 27, 2009

Got POT ?

Taking a closer look at Potash Corp. (NYSE:POT)

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The whole agribusiness sector is still looking healthy. Potash Corp. (NYSE:POT) is one boat amidst that rising tide which has caught my eye.
50d EMA is just under 77, so that is the level to watch for the next few days.
Based on the 15-min. chart (not shown here), 74 also looks to be a key support level to watch. A break above 87 would confirm the double bottom.

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