Possible Long Trade for FCX-Freeport
I prefer to go long on 
FCX because of my 
COPPER expectation ( https://www.tradingview.com/chart/COPPER/KHNblSZc-Copper-s-Upside-Potential/ ). In 2024 growth might slow a bit but with the rate cut expectations looming, Freeport might give some buying oppurtunity as long as S&P 500 entered a bear mode. I don't expect a breakout at the key 46.50 top however. I think 2.71 R/R ratio is good enough for a trade like this.
FCX because of my COPPER expectation ( https://www.tradingview.com/chart/COPPER/KHNblSZc-Copper-s-Upside-Potential/ ). In 2024 growth might slow a bit but with the rate cut expectations looming, Freeport might give some buying oppurtunity as long as S&P 500 entered a bear mode. I don't expect a breakout at the key 46.50 top however. I think 2.71 R/R ratio is good enough for a trade like this.
כתב ויתור
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