By Tim - http://stockstobuy.org
The following is Potash Corp. of Saskatchewan, Inc. (POT) stock technical analysis for August 20, 2010
Potash Corp. Support & Resistance Levels - 8/20/10
Resistance Levels: $148.95, $160, $183.22
Support Levels: $145, $140
Support Levels: $145, $140
Chart - http://www.stockcharts.com/
Potash Corp. of Saskatchewan, Inc. (POT) made a high of $148.95 on Thursday which will be short term resistance. Potash Corp has additional resistance located at $160 as well as $183.22. Most people think Potash will ultimately trade up to $160 before any deal is made. Potash just announced today that they want other companies to step in and bid for the company. A break above $150 will be bullish for the stock.
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