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Freeport McMoRan Inc FCX Stock Analysis
River is a great aid for understanding how far will the price action may travel. When the River is pointing at 4 o’clock, you must be aware that the trend is very bearish bias. The price action could bounce back up provided it is near a support, a significant level. When it is 5 o’clock, the trend is more bearish than 4 o’clock.
See the last analysis, River is at 4 o’clock.
When you find as many chart pattern as you can, you will increase your probability in the trading the right direction.
July 24, 2015 Freeport McMoRan
Thanks for visiting the website.
Moses
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