Freeport-McMoran Inc $FCX has been consolidating for a couple of months but is now in a bullish continuation breakout.FCX Daily Chart(click to enlarge)Bullish Continuation:- We can see that price started to rally in 2016 after it found buyers around $3.50, which was actually close to its all time low around 3.38.- The bullish trend is weak and choppy, but nonetheless a bullish trend. - Note that the RSI has held above 40 after it pushed above 70 and came back. This shows maintenance of the prevailing bullihs momentum.- Based on the chart, I believe price is pushing towards the 17.00 high, with upside towards the 20.00 handle in 2018.- Above that, we should watch out for resistance around 24, and cap our bullish outlook to 27.50-28.25, where price will meet a critical support that might turn into a critical resistance.- If price pulls back, support at the 14.50-15.00 would be a strong bullish confirmation. FCX Weekly Chart(click to enlarge)