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We start by looking at the past weeks scan and talk about the shorting setup on FCX. It has a nice wolf candle right at previous resistance. FCX breaks above that level of resistance but we see that the 200 sma provides another example of a possible entry so we set up a trade plan utilizing that moving average. We get a nice gap up and almost everyone is filled and now it’s just a matter of how we want to manage our winner. After a brief consolidation we eventually get to our target and then some.