InTheMoneyStocks'  Instablog

Send Message
  • Where Is This ETF MOO-ving? 0 comments
    Feb 12, 2013 11:13 AM

    Since November 15, 2013, the Market Vectors-Agribusiness ETF (NYSEARCA:MOO) has been steadily rising with the major stock indexes. It looks as if MOO made a short term high on January 25, 2013 at $56.55 a share. The current pattern on the daily chart for MOO is not really bad, it is just a simple consolidation pattern that will most often lead to further upside. Traders should watch for an important support level for the MOO around the $53.50 level, which looks to be an important near term support level on the daily chart.

    Some of the top holdings inside of the MOO include Monsanto Co (NYSE:MON), Potash Corp Sask Inc (NYSE:POT), and Mosaic Co (NYSE:MOS). All of these stocks are holding up very well at this time, however a milder pull back on the daily charts should not be ruled out in the near term.

    (click to enlarge)

Back To InTheMoneyStocks' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Gareth had members buy $ICLD yesterday at $2.65. Today he sold at $3.35. 26% profit in a day. The chart told everything, learn to read them!
    Jun 3, 2015
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.