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FMC AB=CD pattern. Min Target @ C point.
FMC
, 1D
Long
FMC: FMC AB=CD pattern. Min Target @ C point.

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...

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