In this one-year daily chart of MOS, above, we can see the bullish set up in August, the pullback I did not anticipate and now the new bullish set up. MOS is above the rising 50-day moving average line and the rising 200-day average. The 200-day average line was still declining back in August. The On-Balance-Volume (OBV) line did not decline much in October and November telling us that sellers were not aggressive. Since the pullback the OBV line has gone on to make a new high for the move up suggesting that buyers have become very aggressive again. The Moving Average Convergence Divergence (MACD) oscillator has been above the zero line for the past two months and is now generating a fresh buy signal.
This Point and Figure chart of MOS, above, shows that $32 will be a new high for the move up or in other words a breakout, and $47 is the price objective. Hopefully I am not wrong on MOS two times in a row.