Freeport McMoran: With Copper Prices Rising, It's Still a Buy [View article]
IMHO it is quite plausible that due to the high energy cost (and inflation) and bear market for stocks that there is also a pullback for the FCX s.p. The candlestick shows that the pullback is NOT YET over. Most likely there will be a pullback well below the 200-DMA. Wait and see....
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IMHO it is quite plausible that due to the high energy cost (and inflation) and bear market for stocks that there is also a pullback for the FCX s.p.
Jul 06 02:23 am
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All Comments by xzorro123 »Freeport McMoran: With Copper Prices Rising, It's Still a Buy [View article]
The candlestick shows that the pullback is NOT YET over. Most likely there will be a pullback well below the 200-DMA.
Wait and see....