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Closing MOS Trade Early For a 3-week 16% Gain

Upon further review of the charts, I have decided to book full profits and the MOS (Mosaic Company) long trade here at 29.69 for a 15.7% gain in just over 3 weeks. Growth & Income investors holding out for additional gains, including the T3 (unofficial) target zone, should consider raising or trailing stops to protect profits. I will keep MOS on my radar to possibly add back as a new trade idea on a pullback taking many factors into account, I think it is prudent to that the quick gains on MOS now, as the risks of a significant pullback are rapidly increasing at this point. Original & updated MOS daily charts:

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One Comment

  1. rsotc March 4, 2016 2:20 pm at 2:20 pm

    Whew. That was a lot of clicking. After all is said & done, I decided to close out quite a bit of longs, either reducing or closing the full position(s) & took more TQQQ & TNA short in margin accounts (and a little bit of QQQ puts) & used TWM & QID to hedge up in the non-margin/retirement accounts I moved to what is now clearly a net short position. Will sit tight now & see what next week brings before doing much more.

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