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Is FCX positioned for a breakout? 20 Day Moving Average Support shows up after declining 1.28%
FCX finished lower by 1.28% on Friday, July 31st, trading 0.9 times its typical volume. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Fell Below 50 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 61.27, 59.92 & 58.86, with resistance at 63.68, 64.74 & 66.09.
Current SwingTradeBot Technical Rating of FCX: B
More technical signals and insights for FCX → Visit SwingTradeBot.com
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