Copper and FCX , Freeport

To test,so to speak, the plausibility of TCK.B being close to an exit point, looking at (the stuff) and (presently the largest miner operating from Indonesia). Here are the charts;

copper 2011 fcx 2011

Copper and TCK.B are pretty well identical, suggesting that it is still possible for TCK.B to go a little higher, perhaps 10% or so. FCX is clearly the winner in this competition. The C=A and the stock is double topping having clearly risen in a 3-wave fashion, that is, corrective. Also the RSI and MACD are turning over so this one suggest we are well done right now.