I don't necessarily love it but I don't think I would be
shorting it on weakness. That MACD could just be recycling
and with the MAs below it could have support. Maybe a play
down to the 200 but I feel like I would have to be quick with it
and could even then take a shot long. JMHO
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FCX
Posted by wowten on 25th of Oct 2012 at 03:38 pm
thoughts on fcx?
looks weak
I don't necessarily love it
Posted by tom on 25th of Oct 2012 at 03:45 pm
I don't necessarily love it but I don't think I would be shorting it on weakness. That MACD could just be recycling and with the MAs below it could have support. Maybe a play down to the 200 but I feel like I would have to be quick with it and could even then take a shot long. JMHO