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Council,That's the good news part.. but don't you think technically, on the charts, FCX is craving a pretty bad H and S formation?Left shoulder - completedHead (multiple) - just completed today with a touch of low 43.67.Right shoulder - the next few session but i don't think we'll go higher than 44.50 here.
No, I don't. I mentioned a day or so ago, it is a complex H&S.I gave you the Lt shoulder, complex (double ) head and right shoulder the other day by dates of each.Today is the breakdown from the rt shoulder, which (in retrospect, as it always is) was completed yesterday.Doc/John
that would be very positive for the stock and the fact that the trouble makers do not want to work with those that worked during the strike is good as well.