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Reallifetrading
Nov 14, 2017 5:34 PM

Finally bailing on FCX Short

Freeport-McMoRan, Inc.NYSE

Description

For those playing FCX for the last few weeks / months... Today's gap and candle.. says "pull the plug on shares" If you want to stay in with some protective puts (I would if it paid dividends) feel free too.. I'll BUY To close my Jan covered call today, and sell the shares for approx .5R of a gain..

Not a bullish day to day..

Prob heads back into the 100 SMA on a weekly

Comment

Well, I failed you guys on this one, big time.
:(
Comments
cjmarshall925
Way to GO!
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