WPX.V Western Potash Breaks Out!

Since BHP announced their takeover of POT I quickly put together a portfolio of stocks of my favorite Agriculture stocks and since then one stock has taken off for an 80% gain in 1 month. Western Potash WPX has broken out from .43 low in august to almost double and at .80 is challenging 2 years highs . .80 is a very important long term resistance on the WPX.V chart and if it breaks .80 and can sustain it, could start to move towards 2008 all time highs of $2.20+.

WPX.V has spiked a lot lately and could come back down at its first crack of this resistance but with the current momentum it could also break it easily. It has already cracked year highs of .74 and with a .77 close is indicating it wants to move towards a buck next week. The 2 year high is just above .80 so once it cracks this area there will be a lot of follow through momentum with WPX.

WPX is a cheap potash penny pick that I am are very high on and is breaking out to close at year highs this weekend. It's going to end up on a lot of people's lists.

KCI has 3/4 of a billion tons of KCI measured, indicated, and inferred at their milestone project in Saskatchewan. Very cheap stock and has a long ways to go.

Click the link below to view my Agriculture portfolio.

http://westerninvestor.blogspot.com/p/ag-stocks.html