Freeport-Mcmoran Inc. Stock Code FCX.NYS
Price reached a high of $46.73 on 25 January 2023 and went into a correction. The decline was halted by the cloud, keeping the uptrend intact. Price broke above the cloud in the previous trading session, hinting at a bullish price trend. Lagging Span is below price of 26 days ago and is above the cloud. MACD has bullish crossover and is hinting at a bullish price trend. We think price is likely to move higher to the previous price high at $46.58 in the next 2-3 weeks.
$46.55 Price Target
$41.30 Risk Management Stop
3 weeks Trade Duration