Tuesday, July 9, 2013
MUX McEwen Mining Weekly Chart Oversold Falling Wedge Positive Divergence
MUX is another gold miner fave of Keystone's. There is no long position right now although it has been played over the last couple weeks. Similar set up as NEM's technical analysis, which holds in general for all gold miners. Projection is for sideways to sideways up for the weeks and months ahead as the positive divergence on the weekly and daily charts play out. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.