FCX This Name Is Up 900% From Our Long Call See BelowFCX This great company is now up an amazing 900% from our LONG CALL At $5 We Are Now Selling - Can it get to $50 ? Sure but as J. Paul Getty so famously said "I got rich selling too early" Do your own DD Not Advice by NewYork888Updated 888
FCX - Potential Cup & Handle BreakoutKeeping an eye on FCX for the completion of a cup and handle formation breakout. This is a great long-term investment as well, that pays a dividend.Long04:40by ReadyFor401k6
$FCX Range break..Big consolodation on FCX looking to breakout over 42.. bull mode ? ? yessirLongby Adamprints0
FCX - Box BreakoutBuy above 41.7 Target of $2.5 being top of previous box Stoploss close below 10Ema Longby RiderTrader2
$Stocks $FCX ShortFCX has been Trading in a Consolidation range since October. Expect a false breakout to the upside before falling to the Bottom of the range. Entry $38-$40.00 S/L $42.00 TP1 $36.00 TP2 $35.40 TP3 $33.80 TP4 Open (Inflation)Shortby killacam112004Updated 441
Failed Breakout for NowLike most momentum stocks, FCX is having trouble taking out the ceiling. Its at a pivot of a cup and handle formation now. Volume has been light during the Santa rally but has big potential reward vs a small risk if breakouts begin to work in this market. I would love to see continued relative strength in the setup and big volume confirmation if it can move up through the pivot in the $40 range.Longby flywsam1
12/26/21 FCXFreeport-McMoRan, Inc. ( NYSE:FCX ) Sector: Non-Energy Minerals (Other Metals/Minerals) Market Capitalization: 60.381B Current Price: $41.13 Breakout price: $41.60 Buy Zone (Top/Bottom Range): $39.00-$36.75 Price Target: $45.90-$46.20 Estimated Duration to Target: 71-80d Contract of Interest: $FCX 3/18/22 45c Trade price as of publish date: $1.93/contractLongby lord_catnip112
FCX Aluminum and copper stocks performed well last . FCX was able to finally break that 39$ range. Now we're approaching even tougher resistance here which you can see at 3 different areas. 1. White line - you can see the rejections off of here 2. RSI - You can see similar rejection here 3. fibonacci .236 or 42.62.. All 3 of these resistance will be met at the same time so we'll know if a breakout will happen or not. Finished last week with its Daily candlestick fully outside its bollingerband. I think we retest 40.50 before any leg higher Longby ContraryTrader7
Long on FCX -- Eyeballing 15% gains Inflation is at its highest level in 40 years yet gold and copper being pretty stagnant investments this year (gold more so than copper). I'm going long on these guys at this price. Financials look good and from what I'm reading 2022 has a bright outlook for shareholders. These guys are going to have loads of cash for stock buybacks and/or dividend increases in 2022 after focusing on paying off a large portion of their debt these past few years. No stock is safe if the market truly corrects and goes bearish, but this stock seems safer than most to me given what they do and their track record of increased earnings these past 2 years.Longby DrewDimes225
$FCX - golden crossPotential for a golden cross is here. I have calls - with a tight stoploss. I dont like that we are hovering at the 50 MA. Some risk involved here. Longby katblat1
$FCXThat top bothering me looks like irregular top and we have not completed 4th wave yet ...we will see ..more upside but from lower by raulmarcusbruno220
FCX bull flag Wait for an entry over 39.50 It's been consolidating all summer under 39$ Target ATHLongby ContraryTrader5
FCX breakout NYSE:FCX stop loss : 40 Target: no target. OBV still not quite good. Longby carcarwash718112
FCX: Bullish EngulfingFCX: Bullish Engulfing on the daily. Price action breaking out of four week consolidation and well formed over key moving averages. Key Levels are identified: 41.70, 43.40. Nice play with time.Longby GroundNinja4
FCX Intraday BreakoutFCX Breakout after a sweet consolidation// Beta: 2.06, ATR 1.57Longby GroundNinjaUpdated 5
I like the Freeport Mcmoran stockI love FCX. Think about how much copper the green revolution will need. Add that on top of inflation worries and an economy picking up after COVID, a boom caused by new infrastructure friendly fiscal spending, and you've got a good combo for risk/reward on FCX. Am I stoked to be backing up the truck at $40 a share? Not really. I'd prefer a much lower price obviously. But the technical performance of the stock is strong, and I think it's a great long term hold regardless. Still, little trades are OK too ;PLongby dotpem0
$FCX Setting Up a Long Swing TradeI've been hesitant sharing $FCX due to how badly OBV is lagging price. BUT few things make it worth considering: *A/D line doing much better so there is that * Classic 5 month down trend break (red dotted line) & consolidation pivot * Gold/Sliver looking like they want 2 rally * Risk can be tightly controlled with 5% loss which is just below Monday's lowLongby TaPlot3
FCXTrading higher on infrastructure sentiment. Wave theory tells me this has more upside. It appears to have also broken out of a bull flag with high volume.by jjmatsjr4
FCX Buying Opportunity coming upReasons for likely short pull back : FCX is encountering a historical/psychological resistance @ ~$40. FCX is at the top of its current Pitchfork price channel. FCX is overbought (above 75 on RSI). Reasons for likely recovery : Fundamental Analysis - there is a shortage of copper for surge in post COVID extreme lockdown manufacturing. - copper is an essential element in the production of most electronics, especially EV/alternative energy - also crucial in normal combustion vehicles Sentimental Analysis - FCX just avoided being purchased by a faltering company Barrick Gold, investors responded well to that - industry news points to continued increases in demand for copper in EV/alt energy - FCX just posted a surprise positive 24% in earnings with no signs of diminished performance moving forward Technical Analysis - FCX has established a strong price channel since its low point during the initial COVID sell off - FCX has been over 70 on the daily RSI 7 times since the COVID sell off and has risen in value over 600% PLAN Entry Price: $32 TGT Sale Price: 1st - $44, 2nd - $49, Final- $55 Stop Loss: $24 or breaks the price channel Max Position Size: 5% of portfolio Note - recent administration tax executive order may cause more severe market correction. Watch for signs of more dramatic pull back before entering long. Longby MakeMoneyCoESTB2020Updated 336
Internal pivot breakout potentialWe've got 38-39 as a level where sellers have stepped up, effectively the entire year. Was the local peak in Feb, and has held through the summer We're above the AVWAP from highs so buyers starting to look like they're in control here. by stevenplace1
FCX bullish flag weeklyFreeport Mcmoran has positive sentiment Weekly chart bullish flag confirmed And now at .618 fibonacci Longby chronique2
time to wait for a pullback entry on FCX$FCX hitting a big resistance area today, im going to secure gains here and look for a dip entry in the near future. potential dip buy zones are 31-32/34. the profits may not be amazing on this one, but in this choppy market any profit is good profit :) Shortby Vibranium_Capital26