FCX Trade on Mar 20, 2015 15:10 from JonathanAnderson0: Tradervue User Stock Trades.

Intraday fundamentals - News and speculation surrounding the weakness and dollar, sympathy players of the metals and mining industry caused a strong pop on this stock.

Technicals - On the daily, there was a double bottom to a long down trend. Got in on the intraday break of the pullback near EOD, had a 12 cent risk to the support of the 18.42 level. Despite the stock not breaking out, it held the support strongly to which made me believe I could hold the stock overnight because of rising news of the weak dollar.
I was right the stock made a huge surge, in the morning to which I sold on the failed retest of the highs in the afternoon, then sold my last portion on it hitting my stop, on the break of the lower channel of the bull flag formed.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-03-20 15:10:33	FCX	buy	$18.520	long
2015-03-23 11:43:42	FCX	sell	$19.240	long
2015-03-23 13:29:25	FCX	sell	$18.990	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FCX&trade=2116154&end=20150420&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FCX&trade=2116154&end=20150323142425&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FCX&trade=2116154&end=20150323160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

FCX Trade on Mar 20, 2015 15:10 from JonathanAnderson0: Tradervue User Stock Trades.

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