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Go Back   Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat > Stock Market Forum > Precious Metals, Rare Earth And Commodities Stock Forum, Gold, Silver, Platinum, Etc.

Precious Metals, Rare Earth And Commodities Stock Forum, Gold, Silver, Platinum, Etc. Discussion of metals and commodities including stocks, physical ownership, trends, ideas and theories. This forum is open to questions or anything related to the topics and does not require sticking to the normal SMC thread title posting rules.

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  #1  
Old 10-13-2009, 11:44 AM
inthemoneystocks inthemoneystocks is offline
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Default FCX - Freeport Mcmoran Copper (NYSE Stock)

FCX is very closely tied to the U.S. Dollar as it is a play on copper. The intraday double bottom is holding up well so far as support. There is also support at the 73.00 level with the 200 moving average on the 10 minute chart. Use the charts and the moving averages as they represent good support levels. When trading commodity plays it is important to keep watch of the U.S. Dollar. Remember a weak dollar is beneficial for inflationary stocks.

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Old 10-16-2009, 10:52 AM
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Default Re: FCX, Freeport Mcmoran Copper

Great pick!
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Old 10-16-2009, 11:53 AM
inthemoneystocks inthemoneystocks is offline
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Default Re: FCX - Freeport Mcmoran Copper (NYSE Stock)

Thanks! hope to bring some more!
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Old 10-16-2009, 11:54 AM
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Default Re: FCX - Freeport Mcmoran Copper (NYSE Stock)

ORCL is up on the trading session while the market is weak. Watch this resistance level for a pullback at 21.80 -21.86 area.


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Old 03-03-2011, 10:03 PM
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Default Re: FCX - Freeport Mcmoran Copper (NYSE Stock)

FCX is in a downward channel. On the break of the chennel FCX becomes a buy.

FCX Chart
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Old 03-04-2011, 09:09 AM
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Default Re: FCX - Freeport Mcmoran Copper (NYSE Stock)

Ohhh.....I like this!!! Thanks GC!
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Old 03-23-2011, 10:50 PM
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Default Re: FCX - Freeport Mcmoran Copper (NYSE Stock)

Quote:
Originally Posted by BadThad View Post
Ohhh.....I like this!!! Thanks GC!
FCX has broken the downward channel and is now in my buy zone.

FCX Chart
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Old 01-26-2012, 06:27 AM
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Default Re: FCX - Freeport Mcmoran Copper (NYSE Stock)

FCX breaking resistance and looks like its headed for a cup pattern..

FCX Chart
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