FCX Long - US Mkt. Trade #1 for 3-18

BATS:FCX   Freeport-McMoRan, Inc.
This trade idea assumes that the unusual range move signals a higher probability of a trend continuation, even if there is a short-term reversal. The Edge Finder software suggests that a Limit order of 44.78 on FCX with a 5% stop and a 5% target, a trade which normally has a 50% probability of winning or losing, has historically won 73% of the time in an average of 10 days


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