ginlin84

FCX - Trend Retracement Reversal (Etoro Portfolio)

NYSE:FCX   Freeport-McMoRan, Inc.

Since price cross MA30 @June 2020 in weekly, it is in a strong uptrend. Price is reversed nearby MA50 (blue line) appeared a price rejection (pin bar).

Next day one white soldier candle as confirmation day, stochastic oscillator indicator shown price at oversold range moving average line is toward up direction.

I have a position, and look for 2R profit.

=====================================================================================================================
I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey.

My Etoro Profile:
www.etoro.com/people/ginlin0657

Etoro Registeration Link:
etoro.tw/3buIe0N
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.