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Freeport-McMoran Copper & Gold Inc (FCX)

NYSE
Currency in USD
Disclaimer
47.47
-0.52(-1.08%)
Real-time Data

FCX Comments

FCX $37.49 +9.81% @ Close! Copper $4.00
Lmao and i thought it was a good short yesterday 🤣.. thankfully i got out of those puts faster than light this morning. My appologies to the buyer of said puts. But you did me a solid.
The copper hoppers are getting aggressive.
fabulous holding in any weather
Interesting. Now let's see if copper futures follow FCX.
its not really a correction its the banks taking profits
A 20% correction off the stock high would be around $26. I don't think the earnings report and guidance are that bad, so I would buy more before it got to that level.
dam we going deep
Good or bad earnings ?
Anyone here, Would a 90day exp date call option a good idea on FCX?
 I was thinking a long call option
 don't you think $2tril US stimulus cause this stock to go up?
I do think US stimulus is a positive catalyst for this stock long term, but I also think the China demand for copper is a bigger driver for this stock price.
DSM , do anyone know that?
ya it's about to go down 50%, your welcome
😂😂
Once we break through the current level I expect a move towards USD 40.
what was the catalyst today?
Technicals depend on past data and patterns to predict the future. It works often, but not always, because technicals cannot foresee individual stock/company events developing that have more powerful dynamics developing to pull the stock up or down quickly. The positive dynamics that are developing for FCX is so powerful, the stock price can pull up quickly, of course with a lot of volatility.
but you can, with harmonics + technicals + earnings patterns. whole package bro
Good stuff gentlemen, sentiment and technical are the short-term drivers. Long-term you can still us fundamentals with technical to help leverage into the security.
Which price u think it will make the correction to?
Looking at the charts today, FCX is extremely overbought on the Daily and modest on the monthly. The 200 month MA sits at $26.47 which we are just shy of today. I sold my position and again looking at the daily chart, would look to reestablish back around $20, could see a swing low to $19, before the next leg up.
Good move. If FCX survives 23.46 today, its 10dSMA, this week's upcoming events will pull it up to 25+ again quickly.
Oops typo - I meant 24.46 today
anyone else holding since $5? not offloading this baby until $50. there is a shortage in the copper market and demand is rising which means copper will double over the next 10 years. fcx to the moon$$$$ just be patient folks
Fcx technically hit a double bottom; see it in monthly chart. What it means is it is heading to 63 prior high. My projection to 63 by 1Q2022. I have been in and out between 11 and 20. Now I am settled to sit on it for a long haul.
Bought it at $6,06... Will hold at least until $60,6 - next year! :-)
Visit: https://www.bloombergquint.com/ for the latest article - Inflation Fear and Green Hope Drive Investors Into Copper by Jack Farchy Mark Burton - November 29 2020, 10:30 AM Updated November 30 2020, 2:51 AM
China solves Freeport’s $3 billion problem in Indonesia Asia Times exclusive reveals that China's Tsingshan Steel has agreed to build a government-mandated copper smelter By JOHN MCBETH NOVEMBER 29, 2020
https://asiatimes.com/2020/11/china-solves-freeports-3-billion-problem-in-indonesia/
Guys, When Tesla makes cars and batteries, he needs lithium and cobalt for engines(batteries). Investing in Tesla is exellent. Soon other competitors will join the race. It will delute the market for EV brands. However, if you buy the source of the battery ingredients, which every EV company needs, you will enjoy the biggest return ever. It is like owning the offspring when everyone else are botteling the water
that's exactly why I'm looking at this stock
Can anyone tell me if the YATSEN Ticket ysg is a good bet. It entered the IPO Thursday and is $ 17 now.
Jeremy, I have a $25 price taget for Jan
Definitely reasonable!
What's everyone's price target? Looking at the max chart I'm seeing resistance at $30. The only time you really see a $20+ jump is just before 2008 and we are nearly at that $20 jump. I think $30 is reasonable, but I would love to hear other's ideas because I am not sure how to read this market rn.
All my god, all market rallied today, this down
im waiting for a drop before buying, it seems too expensive
 this company went from 6$ to 18$ while its foundaments didnt change or got worsened, also the divided is low 0.05$,  in other words this stock is overpriced and if covid intensifies it will drop sharp
But look the gold and basemetal price. It will boots are very good Q3
Q4 I meant
Think this can hit $19 tomorrow???
Freeport is so weak, I‘m in it since four years!!! Look at today‘s performance, it surged in the beginning and now we are back to where we started in the morning. Eventhough copper is much higher than in the morning! Frankly, I wouldn‘t be surprised to see them in the reds tomorrow!
haha no chance. strength to strength. Copper is long term rallying. Freeport is perfectly placed for this.
haha no chance. strength to strength. Copper is long term rallying. Freeport is perfectly placed for this.
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