jamespwu

FCX potential breakout

NYSE:FCX   FREEPORT-MCMORAN INC
70 2 1
FCX             tried to breakout last 2 weeks ago, but it failed and pulled back slightly. As of yesterday, the stock closed above the recent highs. If it can stay above 14.2 area, the next major resistance is not until 16.5 or so.
As of this morning we almost hit the target. This is the nature of this market, all rush in. I expect it may take up to 2 weeks to workout, but not a couple of days.
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its not going past 15. if it hits 15.10 im expecting a breakout
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