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Technician
Dec 24, 2013 2:42 PM

Freeport: Flashing Long Long

Freeport-McMoRan, Inc.NYSE

Description

Technical developments point to a brightening picture

- Shares completed a double bottom reversal on the main ascending trend line for the bullish trend.
- Shares broke the descending reisstance for the recent correcion
-Shares settles back above the 50-days SMA
-Main target at 38.00 and probably higher
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