csmottola71

FMC AB=CD pattern. Min Target @ C point.

Long
NYSE:FMC   FMC Corporation
FMC is an agro-chemical company with reasonable fundamentals and which plays well into the developing inflation narrative. I personally don't subscribe to it, but that's another story. The pattern is that of an AB=CD which sets a minimum target at the C retracement. However, momentum held strong during the brief correction (indicated with a tick) suggesting much higher levels to come.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.