Attention to FCX if stock can continue to move higher. Trendline indicates 1.80% annual inflation. From a high of $17 in 1996 would equate to $~$26 2019.
From a low of ~$3.81 in Nov 2000 a 1.80% annual inflation rate would equate to ~$5.35.
Nice work, I'd love to see fcx higher but the fcx bear in me would also appreciate a low low low entry. playing both sides til we see where this puppy goes. Thanks for the chart!
The-Trend-is-the-Friend
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Trend-line indicates 1.80% annual inflation. From a high of $17 in 1996 would equate to $~$26 2019.
From a low of ~$3.81 in Nov 2000 a 1.80% annual inflation rate would equate to ~$5.35.