CF Industries Holdings pays duty with a downgrade

CF Industries Holdings pays duty with a downgrade

(Finance) – The title is strong CF Industries Holdings which passes from hand to loss of 6.85%.

The downgrade decided by JP Morgan contributes to the actions. The experts of the Study Office cut the recommendation on the title of the fertilizer manufacturer to “Underweight” from the previous “Neutral”.

The tendency to one week of the Nitrate and phosphated fertilizers manufacturer it is more weak than the trend of theS & P-500. This failure could trigger opportunities for the sale by the market.

The medium -term panorama confirms the bullish trend of CF Industries Holdings. However, the examination of the curve shortly highlights a slowdown in the positive phase to the 91.5 USD resistance test, with the most immediate support identified in the 86.82 area. A negative evolution in the short term towards the Botom identified to 84.93 is expected to the horizon.

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