TradingView
Rocketman
Dec 30, 2015 6:18 AM

Watching McEwen Mining (MUX) 

McEwen Mining Inc.NYSE

Description

I am watching McEwen Mining (MUX). I would like to see price move to 1.50ish before I consider it again.

If it follows my pattern and continues on the way up, then I will look to buy dips around 1.16 to 97 cents, and aim for partially out around $2 to $4, while holding the rest to $7 with re-entries.
This is a 1 year to 2 year horizon in price appreciation that I expect for MUX if all goes well with the company and its earnings going forward.

Comment

MUX still is a good investment. According to my personal analysis, miners look attractive even more.

More