Bullish Bat Forming Long

Freeport-McMoRan, Inc.NYSE

Description

⋅ Feb 24, 2017 7:56 AM

Suggest to buy at SMA 200 levels..around 12.50
Cut loss @ 11.80 levels, TP 14.50

Reasoning :-
1) SMA 100 has broken
2) formation of bullish bat before rebounces
3) upward trendline