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Gold/Mining/Energy : McEwen Mining

MUX 18.59

-2.7%

3:59 PM EDT

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From: The1Stockman

10/6/2025 7:12:20 PM

Read Replies (1) of 24506

Two charts, both daily:

Last Mondays gap filled-in-full nicely last Friday, (last red candlestick) but the lower pivot point at $15.19 was not tested, ...which is nothing unusual, it just demonstrates a lot of strength and forward momentum.

MUX has had a history of dropping lower to certain unfilled levels sooner or later, which still might be the case in the long run.

So, a new gap formed at the open on this Monday morning the 6th from (Fridays high of $17.79 to todays low of $17.98 = .19 cents. I moved the lines to the new pivot-points, they are now around the $17.27 and $18.36.

This second chart is the $19.10 price (circle) from 9/24/2019 which is a high point that MUX needs to close above for a few days soon, .. (if it rises up to it) .. so it can procced to the $21.40+ area.
So we now have a new gap to fill, new pivot points, and the $19.10 high which gives us a shot at $21+

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