alancelt

Potash Corp. Poised to Double Market Capitalization

While the long term fundamentals are compelling, POT has recently broken down below some key support levels at $180, including a long term rising trendline dating back to July 2006. The recent rise has been on diminishing volume. The near term direction is probably downward to the $120 level before another run at the high and a probable resumption of the uptrend.