The H&S Top target of 57.85 got MADE at the open.
Math:
55.65 - High of The Head
53.45 - The more conservative of the 53.44 and 53.45 necline lows
55.65 - 53.45 = 2.20 points of upside on a takeout of the 55.65 high of the Head
55.65 + 2.20 = Target: 57.85 IN PLAY
Sold these shares, purchased March 30, when the target got MADE.
Gain: $1,650
Gain on the 11 closed trades in FCX since March 23: $10,900
2 comments:
Monkey's uncle you are so good! Nice nice trading Melf and thank you so very much for visiting the FCX board and helping us all out. You are a good guy :-)
Mary
Thank you, Mary, and you're very welcome. Always glad if any of my work is helpful.
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