You are right Doug, defiantly an unusual week for the miners, all of them whipsawed, MUX and several others broke above and below pivots late in the week.
We do have a 3-cent gap from Fridays low of $13.65 to Thursdays close at $13.62 and a Thursday pivot at $13.21. We will see if the investors or the players have the upper hand now, its looking more like the investors have it. Friday's pivot is down at the $14.16.
To the upside, ...we have to go back to 6/24/21 to find a high-point & a closing-point, both are at the $14.80, so everything in between this past week and the 6/24/21 will be settled once we move beyond the $14.80.
This is what it looks like going back to 2021, the dotted green line is where we are.
A favorable scenario would be to build a sold floor for at least a few days and up to a couple of weeks in this area ($14.50/80 unless the gap below at $13.63 plays out).
We also have a bearish down gap on 6/17/2021 which looks like a black sword pointing up, the high of that black stick is $15.54, I expect a stall in that area but ultimately, MUX looks to be on its way into the $17.00 range once above $14.80. These are technical charting points not opinions.
The chart below is from 2021 also, and I have the mouse on 6/24/21 and the closing price is $14.80 and the high-point at $14.80 is the green bar prior to 6/24/21, the (6/21/21) and you can see the down gap on 6/17/21.
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