CFD Trading – Buy Freeport McMoran Inc. (FCX.NYS) @ $43.30. Stop @ $41.30 and Target @ $46.55.

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.


$43.30                Buy

$46.55                Price Target

$41.30                Risk Management Stop

3 weeks              Trade Duration

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