Good opportunity of sellingAs you see on the chart we have a good opportunity of selling.thanks.by PAZINI192
Wyckoff Accumulation Schematic CompletingWyckoff Accumulation Schematic -- What follows? Distribution. We can expect a distribution period followed by a markdown. Shed profits and prepare to enter short positions. Shortby monas1
FCX: Completing Wyckoff Accumulation…What generally follows? Distribution. Setting up my position to expect a markdown in the midterm. Take not of the timeframe and this years long process of accumulation; institutions play the long game! by monas110
FCX:longterm upchannel & shortterm downchannel; bounce soonFCX is the largest copper producer & copper is very impt to the economy. It is making a longterm upchannel & a shortterm downchannel & the 2 will cross path soon at their lows somewhere below 40. Below 40 will be a great place to start accumulating & then trade the range between 40 & 50. Geopolitical tensions & China lockdown may drive price below 40 temporarily but demand will soon kick in.not trading adviceLongby xtremerider81
FCX broke out of the cup and handle patternNYSE:FCX broke out of the cup and handle pattern and is now flagging above the neckline. Long the break out of the flag or any pullbacks toward the 50 MA, anticipated price action and targets are shown on the chart. Stop daily close below 46$. Hit the like button please if you find this useful :) This is only my own view and not financial advice, do your own analysis before buying or selling Happy Trading!Longby ChartoholicUpdated 3
$FCX with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $FCX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%. Shortby EPSMomentum0
$FCX trade ideaFreeport Morgan is a company that mines for Copper.- Copper miners are poised to benefit the most from the mismatch between mine supply and demand over the next decade, Jefferies says. The market is valuing these companies based on the assumption that we are now at a cyclical peak, but the bank believes that we are in the early stages of a structural bull market, reflecting a lack of supply growth in the industry and demand growth from renewables and electric vehicles. "This is a multi-year story that will gradually play out. Freeport , First Quantum, Glencore and Antofagasta are all highly leveraged to the price of copper and should benefit," Jefferies says. Bullish options activity has been detected for the July dates on 55 and 60 strikes which is a very large move to the upside for this company. The Technical setup is a clean cup and handle on the daily time frame with price currently consolidating above the breakout. Targets are 54, 58, and 60. OptionsSwing Analyst Daniel BetancourtLongby optionsswing117
Freeport-McMoRan LONG (3 months)P/E growing, copper sector high, stock expenses against earnings falling. -ISM indicator of copper stength in sector. -RISKS: GDP growth in general still high but slowing. Longby SquashyWash111
ANALYSIS ON FCX/ UPTRENDOn this stock we have a good spring effect on the vwap indicator. So, with this good spring effect the market will go up absolutely!!!! Thanks...by PAZINI191
ANALYSIS ON FCXAs we see on the chart we have a good probability of an uptrend on this stock...by PAZINI191
$FCX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $FCX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.Longby EPSMomentum2
The big 8 #commodities #metalsSome of the biggest players in the industry. A great indicator for overall movement & liquidityLongby PetePandaUpdated 0
FCX Cup and Handle? Targeting $68 for ~48% gain!Copper looks like its making strong moves and FCX is one of my top interests in the metals sector Possible Cup and Handle with measured move targeting $68 for ~48% gain!Longby KondrackiKarlUpdated 4
100% - Freeport, Molybdenum, Copper, GoldI think Freeport McMoRan is in a long-term uptrend and could reach $ 40 in the coming months. Rising copper / gold / molybdenum prices would significantly increase profits and accelerate target achievement.Longby StefanBodeUpdated 1
FCX: Still Juice in the SqueezeAfter FCX took the key 48 Level with volume, its clear they s/r flipped it and are looking for ATH around 62. Do they get there this week? Watch to see what we think! Long04:57by AlphaTradersInc114
FCX likely going much higherFCX is going to be a major beneficiary with copper breaking out (see below). This is arguably a near 15 year base it's breaking out from. Very meaningful price action here... Longby Lanmar10
FCX: Cup and Handle BreakoutFCX: Original setup for "cup and handle" pattern shared on February 11, 2022 (see previous ideas) is now engaged with price action crossing threshold of 46.25. FCX has been basing on intraday and daily time frames with bull flags consistent in price action. Expect strong buying action as copper has become a sector where liquidity has seen benefits due to commodity price inflation. Sentiment: Bullish continuation// ATR: 1.85, Beta 1.99Longby GroundNinja115
FCX New 52 Week High*FCX made a new 52 Week High on Friday *More than 50% average 50 day volume *200 DMA holding dips *Pays out dividends Longby zhasan92hz1
FCX: Cup & Handlethe main figure was the June-December head and shoulders confirmed by a failed head and shoulders from October to December, long entry on December 22nd it would have taken a partial profit, until the high of May '21 at this moment it is forming a compound figure, the Cup and Handle I would like a net close over 46.50by dan686080
25/2/2022 NYSE (FCX)Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.Longby Airecap_HyperUpdated 0
2/27/22 FCXFreeport-McMoRan, Inc. ( NYSE:FCX ) Sector: Non-Energy Minerals (Other Metals/Minerals) Market Capitalization: 67.415B Current Price: $46.34 Breakout price: $46.00 (hold above) Buy Zone (Top/Bottom Range): $44.45-$41.10 Price Target: $45.90-$46.20 (reached), $56.00-$57.60 (2nd) Estimated Duration to Target: 100-107d (2nd) Contract of Interest: $FCX 6/17/22 60c Trade price as of publish date: $1.16/contractLongby lord_catnip2
$FCX - Love this monthly chart!!!$FCX is gaining strength. This monthly chart is awesome. I would expect some choppiness at the trendline resistance of the bull flag and extremely long term trendline. I was buying for clients in the 30s but now will move to a 7-10% holding and will hold until it $65 minimum.by UnknownUnicorn167392721