% | $
Quotes you view appear here for quick access.

Freeport-McMoRan Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • grrl025 grrl025 Feb 29, 2012 11:08 AM Flag

    Freeport Indonesia stoppage to be resolved by next week -union


    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 - completed
    Head (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.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 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.


10.63-0.35(-3.19%)Sep 23 4:01 PMEDT