CF Industries (NYSE: CF) Stock Chart – Buy Signal
One of the ag fertilizer stocks that we like is CF Industries (CF).
CF has a bullish bias in place and is showing good relative performance versus the All Country Wold Index.
CF Industries stock price action over the past several months has carved out a wide support base, which should assist in propelling the stock higher near-term.
Our initial money flow upside price target is at $51 with the next upside target at $54.50.
Stops are important to use on swing trades (short to intermediate term time frames). In this case, we are using a $46.50 stop.
The author may have positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
