FCX — Long-Term Shares Trade Case Study
OverviewThis capstone highlights how long-term shares trades can be identified and managed using structure-driven frameworks rather than short-term prediction. Sourced through custom high-timeframe scanners and evaluated using weekly squeeze conditions and Elliott Wave structure.
Scope of Analysis- Surfaced FCX through custom scanners designed for long-term compression and positioning
- Evaluated weekly squeeze conditions signaling stored directional energy
- Applied Elliott Wave analysis to map the broader market structure
- Used Fibonacci levels to identify probable completion zones
- Confirmed alignment with sector strength including sustained momentum in copper
- Entered the position early in the cycle with longer-term directional bias
- Maintained conviction through consolidation based on intact weekly structure
- Managed the position without over-trading, allowing the larger cycle to unfold
- Current unrealized gain: ~+61% over ~8 months
- Projected completion near $71.75 aligning with key Fibonacci extensions
- Expected total yield upon completion: ~+92%
This capstone demonstrates how long-term positioning and disciplined management can produce asymmetric outcomes — without prediction or constant intervention.


