$FCX - RC -
Added 2025-03-06 13:51:08 +0000 UTCSome consolidation here since 2022 and has rejected trying to breakout out above the blue line at $52 in early 2024.
Price has been able to hold above the 0.618 Fib on this pull back but this must be maintained now to allow for a retest of the blue line again next.
Flipping $52 to support can allow the price to continue in Wave 3, with a PT at the 1.618 Fib at $101.
