fonzotrader
Short

Double top pattern almost complete. Waiting for confirmation.

BATS:FCX   FREEPORT-MCMORAN INC
117 0 1
This stock has tanked as well. I believe that this stock is due for a pullback due to its price being over the 200 SMA and the S2 pivot point . My price entry would be at the neckline once the pattern has been confirmed. Price target is at $29.23 where the 76.4% fib level is located. Stop-loss is located under the previous highs at a previous support level .

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