BY LICIA LESLIE
January 19, 2024
Hi Shoppers,
The Mosaic Co (Ticker: MOS) looks to be bouncing off a major support level here:
It has tested this support twice before going back to June 1, 2023.
If MOS shows some bullish action this morning, I will be shopping for calls in the Feb02 expiration:
I like the 32 calls for right around a dollar.
The next resistance level in MOS is $35.30.
Use a close below $31.50 as your stop loss.
Trade Review
Bitcoin (Ticker: BTCUSD) and Marathon Digital Holdings (Ticker: MARA) both traded lower Wednesday morning so no trade was made.
P.S. We had a fabulous win in IShare Russell 2000 (Ticker: IWM) this week of 125%.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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