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FCX

FCX - Time to start building ~$33As a fundamental story, this stock is worth $50, but a big CAPEX program and recent M&A has hurt the profitability. No funny share buy-backs being used to buoyancy the stock (good). Combine that with China weakness and you've got a beat-up stock (great). We are pushing down to a key $33 level, established now for about a year. With some long term technical support trends lines to give you some down side barriers. Long term bullish, so start to build a positions around the $33 or $-cost-avg into this guy here. Thanks for stoking my interest Joe, www.tradingview.com
NYSE:FCXLong
by kocurekc
4
FCX at Support w/ Momentum DivergenceVolume Spike on Friday at support brought a pin bar like candle on extremely noticeable momentum divergence. I would look to get long at the closing price of Friday; however, the more conservative trade would be to wait for a break of Friday's high or even a close above that price. I would look for a retest of the first major resistance level around $37 - profit target put just in front of that level. There should be some resistance seen at $36 as well which would be a good level to raise stops to break even.
NYSE:FCXLong
by JoeHayes
$MCP May Be Getting Ready To Rip HigherMolycorp Inc (NYSE:MCP) is trading at 52 week lows and hated by most investors for its poor performance. While the markets trade near all time highs, this stock has fallen throughout 2014. That may be about to change. Commodity stocks in all sectors have started to catch a big bid. Look at stocks like ConocoPhillips (NYSE:COP) in the oil sector or Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) in the copper and gold sector. They are all taking off to the upside. One of the few commodity sectors that has not started to run is rare earth mineral plays. This is the bread and butter for Molycorp Inc. At a current price of $2.55, it is priced at almost bankruptcy levels. This can be looked at as a high risk but also very high reward play. Commodities are hot and likely to get hotter. Gareth Soloway Chief Market Strategist www.InTheMoneyStocks.com
MLong
by InTheMoney_Stocks
1