Check Out What Whales Are Doing With FCX
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Freeport-McMoRan (NYSE:FCX), with 53% of detected trades having bearish expectations. Whales have been targeting a price range of $30 to $55 for FCX over the last 3 months. The stock is currently up 1.13% at $39.84, with RSI indicators suggesting it may be overbought.
June 21, 2023 | 5:32 pm
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Whale investor has a bearish stance on Freeport-McMoRan (NYSE:FCX), with 53% of detected trades being bearish. The stock is up 1.13% at $39.84, and RSI indicators suggest it may be overbought.
The article highlights a whale investor taking a bearish stance on Freeport-McMoRan, with 53% of detected trades being bearish. This could lead to increased selling pressure on the stock in the short term. Additionally, the stock is currently up 1.13% at $39.84, and RSI indicators suggest it may be overbought, which could result in a price correction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100