News Update: Shares of Monsanto (NYSE:MON) Open Bearishly

SmarTrend has detected shares of Monsanto (NYSE:MON) have bearishly opened below the pivot of $63.04 today and have reached the first level of support of $62.55.
Should the shares continue to fall, we are monitoring the next support pivots of $61.97 and $60.90. Also, the shares are currently trading below the 50-day moving average of $70.84 and below the 200-day moving average of $77.10.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Monsanto on January 20, 2010 at $81.36. Since the call, the stock has fallen 23.2%.

source

from Stock Market News – Techyrack Hub https://ift.tt/fOspzZW
via IFTTT