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Freeport-Mcmoran Up 29.0% Since SmarTrend Uptrend Call (FCX)

Jan 13, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Freeport-Mcmoran (NYSE:FCX) on October 16th, 2017 at $15.32. In approximately 3 months, Freeport-Mcmoran has returned 28.96% as of today's recent price of $19.75.

Over the past year, Freeport-Mcmoran has traded in a range of $9.24 to $20.07 and is now at $19.73, 114% above that low. The 200-day and 50-day moving averages have moved 0.77% lower and 3.89% higher over the past week, respectively.

Freeport-McMoRan Inc. is an international natural resources company. The Company operates large, long-lived, geographically diverse assets with significant reserves of copper, gold, molybdenum, cobalt, oil, and gas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Freeport-Mcmoran shares.Log in and add Freeport-Mcmoran (FCX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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