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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Freeport’s Dark Clouds

chessNwine Tue Feb 22, 2011 4:01pm EST 5 Comments

Here is a video that I made for members of 12631 (A premium service available to members of The PPT) at the end of January. In the video, I detail the “dark cloud cover” candlestick pattern, as it applies to Freeport McMoRan. I also believe that FCX has made an intermediate-term high, and I am looking for some more weakness, followed by a period of consolidation.

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[youtube:http://www.youtube.com/watch?v=a9dAI_4_wVk]
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5 comments

  1. Tosh
    Tosh
    February 22, 2011 at 7:42 pm

    If today was any indication, FCX really was trying to “tell” us something these past few weeks. Good stuff as always.

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  2. JakeGint
    JakeGint
    February 23, 2011 at 3:44 pm

    Fee-poat Mc Morons is doing great today, however.

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