IPL 0.00% $2.86 incitec pivot limited

takeover by wesfarmers ?, page-8

  1. 1,881 Posts.
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    Good advise okra but I fear it may still dip a bit further. Both Mosaic and Potash gapped down in America yesterday. All are hitting their 200ema which is not a good sign.

    There are others hitting the skids such as Agrium and Intrepid Potash. Pivot is a global company, so it is not going to get an increase in its' sp just because it is raining in Roma while its peers are sinking. Bigger forces are at work.

    My chart says it could go down another ten cents before heading north again. I don't know why it is dropping, but it is.
 
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