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Intra-day Monsanto Co Level To Keep On Radar

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October 24, 2013 – Comments (0) | RELATED TICKERS: MON , POT

Leading agricultural product maker Monsanto Co (NYSE:MON) is trading lower on the session by $1.24 a share to $106.38. The stocks seems to be trading lower in sympathy to most other stocks in the sector. Earlier today, leading agriculture company Potash Corp. of Saskatchewan Ltd (NYSE:POT) reported that their third quarter profit declined by 45 percent. This news is definitely weighing on most stocks in the sector. Day traders can watch for important intra-day support around the $105.55 level. This is an area where day traders can look for a potential intra-day bounce. 

Nicholas Santiago
InTheMoneyStocks.com

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