Chart.ly Chart of the Day: Freeport Mcmoran FCX

Written by ldrogen

Today on the Chart.ly Chart of the Day we take a look at Freeport Mcmoran $FCX with @HCPG.  Freeport is very representative of the broader market going into the new week having found support at the 200 day moving average but setting up for a large battle against declining 50 and 20 day moving averages on any bounce.  Long positions should be closely monitored and profits should be taken quickly.  Any move below the 200 day and this patient could flat line.


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