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CF Industries Holdings in a bullish trend

After a period of uncertainty and hesitation in early June, see the blue boxes, the bulls took the initiative and decided to push CF – the CF Industries Holdings, Inc. – up.

Since then, CF is moving mostly along the upper Bollinger Band, well above its 10- and 20-day exponential moving averages.

MACD also depicts this bullish momentum as it moves above its signal line and in a positive territory.

Finally, CF’s Relative Strength is also rising well above its 20-day exponential moving average.

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