Too soon to tell yet Syder, it will show at the close, I don't think its fundamentally related at all.
Yesterday's open was at $18.88 and the low came in at $18.78.
For those not familiar with the term "engulfing", ( It occurs when a larger candle completely engulfs the body of the previous candle, which could indicating a shift in direction.) Body = without tails, which in this case is the $18.88 open.
I too am surprised by the move, and it's not just MUX, all the stocks on my watch list experienced the same gap-up and sell-off scenario.
This morning's high at $20.67 in the first minute of trading with volume at 192K is puzzling, especially when I pointed out the gap and the $20.66 from 10/23/25 in my post just before the opining bell.
This crazy action printed in the first minute of trading and quickly sold off sharply. Here is what the minute chart's shows at the open, 9.30am, ...it's anyone's guess, ...Friday's seem to be very unpredictable, especially with what's going on politically and monetarily.
Below are a few charts to compare and I'm hoping for a large bullish tail to the downside.
James.
MUX
GDX
EXK
CDE
HL
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