HomeInvestingTechnical AnalysisTechnical Analysis: MOS, NIO
Technical Analysis: MOS, NIO

"The chemicals industry within the materials sector has been an out-performer this year, off less than 12% while the SPX is down more than 23% YTD at last Friday’s close of business. The bearish trader will need to be patient with the Mosaic (MOS) stock and wait to confirm price action is breaking down below the 200-dma before starting a short position," says Kevin Horner. He also states that the Nio Inc. (NIO) stock appears to be showing signs of life from a technical analysis perspective.

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21 Jun 2022

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