Freeport-McMoran Inc $FCX has been consolidating since it tagged $20 a share in January. FCX Daily Chart(click to enlarge)Triangle w/ Bullish Bias:- The daily chart shows that price action has been consolidation in a triangle.- However, price is still trading above the 200-, 100- and now the 50-day simple moving averages (SMAs).- The RSi has been holding above 40, which shows maintenance of the prevailing bullish momentum.- If price can clear $19.50, it should be able to push into the highs around $20.- Then, if a subsequent pullback can hold above $19 for the most part, we should be looking at a bullish continuation scenario with $24 in sight (look at the weekly chart).FCX Weekly Chart(click to enlarge)