logo

Time for quick short Trade on Agrium (AGU)?
By: Sharp2Be   Monday, June 16, 2008 12:29 PM

Vote for next session
The next market session will close:

Agrium’s run has been phenomenal, so much that is looking parabolic at this point. Any piece of bad news could trigger a nice profit taking… are we there yet? Let’s look at the following daily chart

 

The plan, short below today’s low, close it at $100.00. Stop should be above today’s high, if the trade is triggered.


(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
Advertisement
Popular Articles
Related Press Releases
Advertisement
Partner Center
Recent Articles by Sharp2Be



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 500 contributors, press releases, SEC filings and full text news from more than four thousand sources.
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia