See how the Rounding Bottom is playing out for FCX. View live chart.
Gradual reversal from bearish to bullish.
FCX is showing interesting structural developments at $62.6. The stock is trading at $62.6, up 2.84% on the day. Price action has carved out a classic Rounding Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $70.97, targeting $91.26 with support near $60.82 (R:R 2.0).
What is your outlook on FCX?