Pounding the Table

It was last fall, October 1st to be precise, the market was just coming out of a nasty pull back,  when I looked out and saw some stocks setting up for significant upside.

Here is that post =-----

Looking Ahead – Some Trade Ideas

In it i highlighted quite a few names that were setting up into years end and 2021---

GS was under $200 and I thought $230 -$250 even was possible... it went over $300  to make a new all time record high.

$BIDU was $120  and I highlighted upside potential.. its traded 100% from there.

$AA was at $12 it hit $26

$EBIX was sub $20... and I thought $30-$40,  $50, even $60 was possible... it hit $64 last week.

I thought $NTR would go over $50.. and here it is over $50.

and I'll stop there, because I still think the fertilizer names have a lot more upside to go.

Grains are going through the roof.

Corn just hit a new 6+ year high this morning

Soybeans are nearing fresh highs as well

Wheat is near new 6+ year highs.

And guess what else is soaring?  Fertilizer prices.

The only thing not soaring, is fertilizer stocks... at least not yet.

I think names like CF MOS and NTR are setting up for some serious upside in 2021.

DAP (Diammonium phosphate)  futures are up almost 100%!

Fertilizer prices/demand should follow the crop prices higher, which in turn should send the fertilizer stocks higher as well.

I think CF... currently a $42 stock will trade over $50 in the short/medium term

and $MOS is going back to 2020 highs of $37 in the short/medium term.  And from there over $40 and then over $50....

Quite a move from its current $27 price.  A crazy move..

And yet those EBIX GS AA moves were going to be crazy when I saw them back in October...  not only did they work out.. prices went beyond my craziness!

Lets see how crazy I am this time around.

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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