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Is FCX ready to move higher? 20 Day Moving Average Support shows up after sinking 0.35%
FCX posted a 0.35% loss on Thursday, September 18th, accompanied by 1.0× normal trading volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 44.53, 44.14 & 43.69, with resistance at 45.38, 45.83 & 46.23.
Current SwingTradeBot Technical Rating of FCX: D
There’s more where that came from. See all of today’s signals for FCX here.
Read full article here »