Freeport-McMoRan Trading Analysis (17/04/2025)
The trend is downward. The stock is trading in the range between 365 and 135 EMAs. The upward truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator.
Trade idea:
- Buy on the breach of 32.82.
- Stop-loss at 34.65.
- Price targets at 30.80 and 29.00.
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