MON Monsanto

mon aug 2012 bmon aug 2012

A sell. This company makes all sorts of wonderful things like Roundup, Agent Orange and a lot of “engineered” seeds, such as draught resistant corn. On that basis it should , perhaps, be a buy but the chart points in the other direction. There is a very nice wedge, complete as is, which must be either a 5th wave or a C. In this case a C is the only possibility so we will go with that.