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October 5, 2009

MON Chart – Better To Wait For Now

Filed under: Basic Materials - 05 Oct 2009

I charted Monsanto (NYSE: MON) just after noon today when it was trading at $74.17.  I like following MON because it tends to follow its trend lines fairly consistently (I tried to color in the trading channels to show them better, …

June 24, 2009

MON Chart – June 24, 2009

Filed under: Basic Materials - 24 Jun 2009

I charted Monsanto (MON) around lunchtime while it was trading $75.89.  (Disclosure, I’m long 100 shares with a covered call at July $80).   Monsanto announced earnings today which were positive overall and it started the day up, but then came the information …