More Downside for Potash ?

Facebook (FB)

Apple (AAPL)

JP Morgan (JPM)

Yahoo (YHOO)

Microsoft (MSFT)

Ventas Declares Regular Quarterly Dividend of {loadposition newstories}.62 Per Share

Nucor To Acquire Skyline Steel LLC

Best ETFs For Facebook Exposure

Are the Bears Taking Control over F5 Networks?

Chico's FAS Reports First Quarter Earnings

More Downside for Potash ?

Published on Wednesday, 14 December 2011 12:34 Written by Danny Miller

pot New York, December 14th (TradersHuddle.com) - Shares of Potash Corporation of Saskatchewan Inc. (NYSE:POT) booked a new 52 week low by trading below $39.54, traders are definitely monitoring Potash's price action to see if this move attracts further selling, or it this last push down sets a tradable bottom in the stock.

Potash Corporation of Saskatchewan Inc. (NYSE:POT) produces potash, phosphate, and nitrogen for the agricultural and industrial industries worldwide. The Company operates in Canada, Chile, the United States, Brazil, and Trinidad.

Potash is currently trading -3.35% versus its previous trading session close, and it has calculated support and resistance at $39.60 and $44.50 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range

The overall market index S&P 500 is trading lower by -1% from its previous trading close, which means that Potash stock is underperforming the overall market.

Prices Are Interesting Again - TheStreet.com
Potash Corporation Of Saskatchewan Inc. (POT): Today's Featured Chemicals Loser - TheStreet.com
Potash Corporation Of Saskatchewan Inc. (POT): Today's Featured Chemicals Loser - TheStreet.com
A Fertile Investment Idea - TheStreet.com
Attention Agriculture Hunters - TheStreet.com
Potash Corporation Of Saskatchewan Inc. (POT): Today's Featured Chemicals Winner - TheStreet.com
Potash Corporation Of Saskatchewan Stock To Go Ex-dividend Tomorrow (POT) - TheStreet.com
Take a Swing at Potash - TheStreet.com
UPDATE: Goldman Sachs Downgrades Potash Corp to Neutral - Benzinga
Potash Corporation Of Saskatchewan Stock To Go Ex-dividend Tuesday (POT) - TheStreet.com

Volatile market? That's when profit potential skyrockets for options traders. Now you can get up to 50 trade opportunities a week from top options experts -- plus much more -- on our exciting new site OptionsProfits. Try it FREE!