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Buying $FCX For Technical Bounce

Freeport-McMoRan Inc (NYSE:FCX) hit technical support on the daily stock chart on Thursday at $11.00. This should trigger a solid bounce of up to 20% in the coming weeks. Commodities such as copper and steel have been under major pressure of late. An oversold bounce should become reality for investors.

Investor stock chart support hit on Freeport-McMoRan shares