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trenchcapital

Double top pattern almost complete. Waiting for confirmation.

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Freeport-McMoRan, Inc. (BATS:FCX)  
trenchcapital  
BATS:FCX   Freeport-McMoRan, Inc.
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This stock has tanked as well. I believe that this stock is due for a pullback due to its price being over the 200 SMA and the S2 pivot point. My price entry would be at the neckline once the pattern has been confirmed. Price target is at $29.23 where the 76.4% fib level is located. Stop-loss is located under the previous highs at a previous support level.

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