SSS - Monsanto (MON) LSFB Set-Up at 50-dma

Published : August 17 2011 at 11:03 ET

Monsanto (MON), a potential late-stage failed-base (LSFB) short-sale set-up, has rallied right up into its 50-day moving average. The quick stop is the 50-dma at 70.67, although one could use a 3-5% stop depending on one's personal risk tolerance and preferences.

For purposes of fair disclosure, we do have a starter position in MON.

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