Freeport-McMoRan Trading Analysis (18/07/2024)
The trend is upward. The stock is trading in the range between 365 and 135 EMA. The down-sloping wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trading idea:
- Buy when the formation of the ascending wave structure …