ginlin84

FCX - Trend Retracement Reversal (Etoro Portfolio)

NYSE:FCX   FREEPORT-MCMORAN INC

Since price cross MA30 @June 2020 in weekly, it is in a strong uptrend. Price is reversed nearby MA50 (blue line) appeared a price rejection ( pin bar ).

Next day one white soldier candle as confirmation day, stochastic oscillator indicator shown price at oversold range moving average line is toward up direction.

I have a position, and look for 2R profit.

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I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey.

My Etoro Profile:
https://www.etoro.com/people/ginlin0657

Etoro Registeration Link:
https://etoro.tw/3buIe0N

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