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.
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.
Note
MUX still is a good investment. According to my personal analysis, miners look attractive even more.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.