Potash Corp (POT) has been trending in a nice, easy channel for more than a year. After three consecutive earnings misses, we’re not seeing a likely breakout above the channel range (seen on chart), so with the stock trading near the top of this channel, a bearish trade into earnings seems attractive. As always, we’ll keep our earnings and premier subscribers up-to-date with our trade ideas when we publish them. 

Potash Corp (POT) has been trending in a nice, easy channel for more than a year. After three consecutive earnings misses, we’re not seeing a likely breakout above the channel range (seen on chart), so with the stock trading near the top of this channel, a bearish trade into earnings seems attractive. As always, we’ll keep our earnings and premier subscribers up-to-date with our trade ideas when we publish them.