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Gold/Mining/Energy : McEwen Mining
MUX 17.41+1.2%Nov 5 3:59 PM EST

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wolfgangrene
To: wolfgangrene who wrote (14072)12/23/2015 7:41:50 PM
From: Robov4 Recommendations   of 24514
 
Well just my 2 cents and based on my teaching in supply/demand levels and specifically "fresh" supply or demand levels the first real "fresh level for MUX to the upside would be in the $1.73 - $1.80 level believe it or not. You could say there is a pivot high level at the $1.38 - $1.40 level which I know you mentioned $1.37.
Then beyond that we are looking at $2.30 and $2.67. But then TA doesn't often work quite as reliably as it used to since the machines took over. And fundamentals of supply vs demand when it comes to gold HA!!
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