AnnabelleTrader

After Big Profit Prediction On $FCX, Here Is The Next Money Make

Long
NYSE:FCX   Freeport-McMoRan, Inc.
4
Just a month ago, I stated that Freeport-McMoRan Inc (NYSE:FCX) would bounce off a gap fill stock chart support at $12.15 and bounce sharply higher. This was a quick trade. Sure enough, within days, Freeport-McMoRan jumped from $12.15 to closed to $14.00. This was a beautiful trade worth 15%. Since then, Freeport-McMoRan has started to fall again, back to the $12.15 level. While it is support, this is just a minor level. Instead, the next big buy level is $11.15. Smart investors and stock traders should be ready to pounce on Freeport-McMoRan here. This will be the next big bounce, likely as much as 20%.

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