The Mosaic Company (NYSE: MOS) is the world’s leading integrated producer of concentrated phosphate and potash and one of the largest north American fertilizer producers.
Fertilizer costs have roughly doubled from a year ago as the war in Ukraine disrupted the flow of supplies from Russia. This was a game changer for The Mosaic Company and the stock price reached almost $80.
The expectations for the upcoming earning report today are strong with 3.99 EPS and 5.68B of revenue.
We are looking for a breakout of the $54 resistance level.
The next major resistance is located at $62 or approximately $8 possible return
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Fertilizer costs have roughly doubled from a year ago as the war in Ukraine disrupted the flow of supplies from Russia. This was a game changer for The Mosaic Company and the stock price reached almost $80.
The expectations for the upcoming earning report today are strong with 3.99 EPS and 5.68B of revenue.
We are looking for a breakout of the $54 resistance level.
The next major resistance is located at $62 or approximately $8 possible return
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.