gent-trader

Always check the long term

NYSE:FCX   Freeport-McMoRan, Inc.
Long term charts show previous support and breaks to avoid chasing, even better, all data long term, this broke fast as the weekly slowly rolled over but we can see the -ve divergence on the daily as recent highs were attempted while the RSI failed at 61.8 and the hourly at 50, both declining, if not in on the short before the break, watch your entry as potential support isn't far
away at $17 area

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