Stugazi

FCX Range bound

Stugazi Updated   
NYSE:FCX   Freeport-McMoRan, Inc.
2
Range bound opportunity. Buy at 10.50. Sell at 11.50.
Comment:
It was good for one cycle then it broke range to upside. No position. I don't like FCX long.
Comment:
It broke loose of the range and now it's back to 10.50. A tight stop of 10.40 if you're feeling sporty for a quick target gain of 10%. Kinda playing with fire though.
Trade closed: target reached:
Broke out of range.

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