Long FCX on strong daily support at $10. Long term FCX has enormous upside with its goldmine and copper mine interests. The value of its gold reserves alone tops $25 Billion (it has a large share in the worlds largest gold mine in Indonesia). As long as the company can continue to restructure and pay down some of its debt its long term prospects are 3x current...
I've changed my main count giving wave as finished in January. It seems all is prepared for wave 3 of 1. It may be a deeper wave 2 can be seen, but it's not my preferred way. The solution in next weeks ....
Las tendencias que se muestran se ven con bandas de Bollinger, donde se puede notar en las bandas mas angostas se notan fuertes tendencias y los promedios moviles de 9 y 20 dias, se puede ver en los cruces de estas líneas que van hacia arriva los precios suben y puede ir a un largo (compra del activo) y a la inversa, cuando las lineas promedio moviles que se...
It held up nicely consolidating its rally in 2016. As a result there is an Inverse H&S that could power another rally if commodities recover.
Yesterday it broke out of the smaller daily consolidation and today it looks strong as well.
Took a long position today ~$12.60
