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TraderBwater

About to break out of base

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Freeport-McMoRan, Inc. (NYSE:FCX)  
TraderBwater  
NYSE:FCX   Freeport-McMoRan, Inc.
Chart Patterns Cup And Handle Wave Analysis
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chartpattern cupandhandle waveanalysis
FCX has been consolidating for over a year and is building a nice cup base. On Thursday it gapped up to stay above the 50 EMA and is still holding. The bottom of this base is probably in. Great for long term swing.
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