Stock Picks: Copper Giant (FCX)

May 7, 2021, 11:55 am EDT

Stock Picks: Copper Giant (FCX)

Material and mining stocks are one of the strongest stocks since March 2000. For example, AA and FCX rallied from 5-6 to more than 40+ as of now. The weak dollar, strong economic recovery, and infrastructure development contribute to the growth from steel, aluminum, copper to cement and all kinds of commodities. 

Check out the pattern of stacking boxes of FCX. It is obvious that FCX begins another wave of uptrend journey. 40 should form support and the sell stop is 36.

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