FCX - Global Growth will Send it HigherNice little 1:3 RR with potential to double within the year. This could be the start of wave 5 that could go to 17 / share. Thanks for your like and more importantly, for you FOLLOW! Please DM or comment below with questions. Let’s make money together!Longby chartsareforships11
not over until its over - FCX up or down? I think up. but who knows. economy is weird machine. global economy?? its not a disaster..... yet.by leftey9
$FCX Bull flag setup $FCX could test $16 zone. Needs to break up over recent highs to confirm.Longby Classic-Options5
FCX timing and rhythm - Is it copper time? here's something im sure we've all been watching.. looks pretty flaggy. IF the trade stuff is settling out, and markets general attitude stays upbeat. I think this looks real nice. Of course this has a lot of strings attached. good luck!Longby leftey8
i39.FCXBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.Shortby UnknownUnicorn43302922
fcx with another flag.. but ...what about the tariffs?fcx buyers are very excited for the future! has been a good run. but, seems we never really got past phase 0 on the trade deal.. will the tariffs start to become bullish? Harder us pushes maybe quicker we find a solution.. agree to disagree? Taking a bit off table.. keeping close eye on copper.. who knows how high it may run. has been depressed for so long.. 4? 5? 10?! haha GOOD LUCK!by leftey3
FCX Breaking Out - Weekly ChartFreeport-McMoran is attempting to break out of a bullish wedge pattern. There is a lot of options activity in this name with the February 21 $14 and the December 13 $12.50 calls. Note the bullish divergence just prior to its recent bullish move. We want to see the stock hold above the break out level. If the price can hold I am targeting $13.90 as my initial price target.Longby Chartimistic3
POSIBLE RETROCESO EN FUERTE RESISTENCIAEspero que luego de llevar una hora subiendo y de haber tocado esta resistencia semanal la cual ha funcionado como soporte anteriormente, se realice un retroceso de almenos 30 centavos de dólar. @gio_tabordaShortby giotaborda2
Head & Shoulder Bottom FreePortHd&Shldrs setup, measuring obj: 15:33, ~33% from neckline, note confluence w/ VAP levels. Longby Nikk2252
Option traders bet big On Freeport McMoRanEntry level $11.54 = target price $ 13.35 = Stop loss $ 10.83 Our previous trade setup call is now up 20% and we think the upside run continues. Option traders betting big on upside move. From 9:48 a.m. to 9:50 a.m. a trader bought 2,682 Freeport-McMoRan call options with a $13 strike price expiring on May 15, 2020 near ask prices ranging from 59 cents to 60 cents. The series of three trades represented a more than $158,000 bullish bet. From 9:52 a.m. to 9:54 a.m. likely the same trader bought 3,453 Freeport-McMoRan call options with a $12 strike price expiring on Feb. 21, 2020 near ask prices ranging from 54.2 cents to 56.1 cents. This series of three trades represented a more than $180,000 bullish bet. Less than a minute later, potentially the same trader sold 2,301 Freeport-McMoRan call options with a $12 strike price expiring on Feb. 21, 2020 near the bid price at 56.1 cents. The trade represented a $129,086 bearish bet. At 9:57 a.m., a trader bought 1,572 Freeport-McMoRan call options with a $13 strike price expiring on May 15, 2020 the ask price at 63.4 cents. The trade represented a $99,664 bullish bet. Of the 13 large Freeport-McMoRan option trades on Thursday, 11 were either calls purchased at or near the ask or puts sold at or near the bid, trades typically considered to be bullish. The other two were calls sold at or near the bid, trades typically considered bearish. Source Benzinga Our previous trade setup call is now up 20% and we think the upside run continues. Company profile Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produces copper concentrate that contains significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open-pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America, and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other, and Eliminations segment consists of other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.Longby Bullishcharts26
FCX breaking out of downtrend?Attention to FCX if stock can continue to move higher. Trendline indicates 1.80% annual inflation. From a high of $17 in 1996 would equate to $~$26 2019. From a low of ~$3.81 in Nov 2000 a 1.80% annual inflation rate would equate to ~$5.35. From a mid point of $10.50 = $15.27Longby The-Trend-is-the-Friend224
FCX Long updated.FCX Long rally and correction wave prediction. Now it looks like long. Here is a prediction of the rally pattern which may have a longer or shorter time scale than the time scale presented here.Longby vrambatiUpdated 3
bull flag 2 - return to resistance Not sure what oct 24 was about. . fcx bounced back. Appears to be a pretty good reversal. Hard saying in current light.. Maybe? 200 day seems right.Longby leftey115
fcx putting up a bull flag? Copper making move ER in rear view Grasberg pit on track Things are looking ok here. Just need to hop over that resistance line... : ) What do ya'll think?Longby leftey4
FCX heavy green side by side Like the idea here.. couple big green days, some take advantage and sell off.. buyers step in and pick up slack.. end up with 2 big green candles? We'll see Should be good here. until next panic hitsLongby leftey4
LONG FCXExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.Longby jerryas5
$FMC Freeport McMoran top of our list for trade talk action. Keep on the top of your watch list for tomorrow and Fridays trade talks, the stock chart is horrendous, thus if things go well it has massive upside potential, we see 50% gains or losses on the cards, dependent on how the trade discussions play out. Company profile Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produces copper concentrate that contains significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open-pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America, and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other, and Eliminations segment consists of other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ. by Bullishcharts20
FCX and the looming recession?pure play copper not exactly best idea for global recession positioning.. but, who knows how this thing is going to go down. Copper is so important, it cant be left behind for long? Maybe it can? But accumulation at least shows some promise.. Should be fun next few months! Please let me know your thoughts.. FCX performance lately is scary. Big money know some details the little guys arent privy to just yet?Longby leftey116
LONG FCXExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.Longby jerryas5