The chart of Monsanto (MON) has started to spread its wings and could be heading for higher prices. The action of late is constructive and indicative of a sharp move ahead. Momentum indicators are showing a strong buy signal and price just lifted over some strong resistance. Given the nice volume of late and good turnover in options (call buying) this big seed company is poised for new all time highs – soon! Take a look at the chart below.
