MXC dipped to new lows but whole move down seem now exhausted. We are oversold and have bullish divergence. Testing major pivots is one thing that takes place often although it might take some time to do it. I expect MXC to bounce up and in first run go test last pivot (above fibb 0.618 level) and from there correction to try form a higher low.
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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.