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Strategies & Market Trends : Wolfgangrene's charts -- Ignore unavailable to you. Want to Upgrade?

To: Oldbasalt who wrote (3025)3/23/2016 2:35:56 PM
From: wolfgangrene2 Recommendations

Recommended By
Oldbasalt
The Ox

  Read Replies (2) | Respond to of 3976
 
Kept just a token.
Over the years, the couple of times I traded MUX/UXG options I got beaten because of the big buy/ sell spread, so it's just MUX stock for me.
I even made a mistake on this recent exit, selling 2.01 because I had a target at 2.11 which hit.
It's the gaps left open that have caused me to sell. If I'm wrong and she runs, I won't chase it, but I've always really liked McEwen and would like the opportunity to get back in.




To: Oldbasalt who wrote (3025)3/24/2016 9:56:12 AM
From: wolfgangrene1 Recommendation

Recommended By
The Ox

  Read Replies (1) | Respond to of 3976
 
1.81 has shown to be a really big line for MUX for an entire month now. It was a target for weeks, now support.
1.225 is an open gap on all the charts including the weekly.
I do think 2.53 channel top will hit, but also think MUX comes back to the 34ema and 1.225 first.
Of course, things often don't work the way I expect.



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