Will Mosaic Clear This Pattern And Rally To New Highs?

Mosaic (MOS) is forming a high handle to a cup-shaped base, but the integrity of this structure depends largely on broader market action. Fertilizer makers have been growing revenue as they passed along costs to consumers. This company has solid earnings estimates for the next two years, so it looks like a good watch list candidate, even if the market’s current downturn persists.

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Kate Stalter is a widely acclaimed financial author and investing expert for U.S. News & World Report. 

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