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CoinedByCrypto
Dec 16, 2014 12:41 PM

Mux A gold miners son - Some upside potential reached  Long

McEwen Mining Inc.NYSE

Description

Junior gold miners have been beaten down. Weather it's enough or a complete washout is still looming... time will tell.
Mux has though made the 127.2 extension of the recently high and low, so a snapback rally could be eminent.

It's not a low for going long and stay... but a 1 og 2 day stay. A bottom here is not confirmed. A lower target for a washout bottom could still be hittin in the low 0.80ish

Safe trading ladies and gents
@BLawrenceM
Comments
AshYo
Hi, thanks for the analysis, where is this going now? Is it do for flat double bottom now?
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