Freeport McMoran Short (FCX)

My Freeport McMoran short finally came back to me and is gladly in the green.  Phew.. that was a crazy head fake.  So I hope for now that FCX will close below the top channel line and so will consider adding more short positions by the close with a cover target at $45.74. 

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2 comments:

Anonymous said...

I add in the premarket at 53,,cover half of total position at 49.50..still room to go down..at least betwen 47-48....

Anonymous said...

Have to cover...do a little long fron 51.80..to sold in afters at 52.20..will see....stangely imn.to..same sector was a good short today..stock in copper..too..

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