Look how far back this support/resistance zone extends:
Watching to see how much supply is at $66, reclaiming support there will be telling imo.
Wednesday, June 23, 2010
FCX S/R
FCX sold off Monday's gap up and needs to recover previous support. Buyers stepped in at the lows and continuation to the upside could give us an inverted Head & Shoulders pattern.
Look how far back this support/resistance zone extends:
Watching to see how much supply is at $66, reclaiming support there will be telling imo.
Look how far back this support/resistance zone extends:Watching to see how much supply is at $66, reclaiming support there will be telling imo.
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