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Gold/Mining/Energy : McEwen Mining
MUX 18.33-3.7%Oct 31 9:30 AM EDT
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To: The1Stockman who wrote (24428)9/6/2025 11:48:21 AM
From: The1Stockman  Read Replies (2) of 24510
 
We came within a nickel of the $13.17 pivot point on Thursday 9/4/25, printing a low of $13.22, I'm glad we didn't drop and close below it (so far), we need a few more days to see if we have players or investors that are willing to hold, this will tell us a lot.

Thursdays action was interesting, it not only held above the black line @ ($13.17) but MUX also tested Wednesday's pivot point at $13.88. I added another black line on the chart below showing the high on Thursday which pivoted the Wed-candlestick.

When you add the high and low of Wednesday's candlestick which is $14.29 + $13.48 it = $13.88.5. Thursday's high was $13.89, a very good pivot and pull back. On Friday the last candlestick, it made a lower high and a higher low, (limbo-sideways), its coiling, and way too soon to make a call either way. We will soon see a break above or be below those black lines.

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