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FCX forms 20 Day Moving Average Support on July 28
FCX closed down 1.71% on Tuesday, July 28th, with volume running 1.5× above average. reversal patterns (Doji - Bullish?) combined with consolidation patterns (Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 60.19, 58.74 & 57.55, with resistance at 62.83, 64.02 & 65.47.
Current SwingTradeBot Technical Rating of FCX: B
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