FXstreet

The stock price of Freeport-McMoRan (NYSE: FCX) one of the largest producers of copper, has declined by about 11% over the last week (five trading days) and remains down by 17% over the last month.
Weekly price broke Ichimoku cloud to below for the primary bearish reversal: the price is testing support level at 28.87 to below for the strong bearish trend to be continuing. Alternatively, the price may break 43.62 resistance to above for the bullish reversal, otherwise - ranging within the levels.

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