There is nothing definitive in the market. There is a Chart and then there are eyes looking at the chart from their perspective.
Have a look at this weekly chart of FCX -
Can you analyze this stock? Some might say - Breakout....
But is this the right reading of the chart? Is this the only version? Here's an interesting take on how one should read a chart holistically. This is a content exclusive for Science of Stock Price Action video book readers
If you are interested in Learning "Science of Stock Price Action" - you can learn these concepts here. Click the image
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers