DmitryZZZ

Freeport w43 2020. Buy on positive earnings Q3 up to 20$

Long
NYSE:FCX   Freeport-McMoRan, Inc.
Montly
Flat correction in Downtrend

Weekly
Reversal and Uptrend

Daily
Strong Uptrend
Price in 5th Elliot wave.
Looking for pullback and open position.
Positive earnings on Q3 will help to continue uptrend with steam

It is little bit risky active due to has Debt/Equite=1.1
However Freeport has other attractive financial stats, looking comptetive in sector "Cooper".

Open 18
TP 20
SL 17

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