FCX - A risky trade in the sense that there seemed to be more overhead resistance than usual (Open, vwap, and that big selling momentum bar). But it was a 3d setup and had a reverse divergence going for it. Target was simply the point of price failure, which happened to coincide with the area where price broke down the day before ($54.80 area).
GS had a strong open off of a double bottom. Seeing it wasn't breaking down gave consideration for a gap fill attempt. There should be a second down arrow on the 5-min chart at around $137.25 as half the position was exited at the 50% retracement measured between Tuesday's close and Wednesday's Open
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