MUX2 trade ideas
MUX Momentum BuyAfter MUX 6.10% gaped this morning to $3.81 with a pull back that sustained a gain from yesterday's close we may see the same thing happen again towards the day's end or even another gap up tomorrow morning. MUX 6.10% hold a positive trend through the trading day (open to 1:11pm).
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maca and stoc strong
cmf is above
cci and presenta r above strong group
weekly above colad
pennies to thousands gold and silver mining candidatebreaking out of narrow base see our chart patterns in our book same name on amazon
percent r and cci good
money flow strong
above weekly cloud
daily cloud rising
Mux A gold miners son - Some upside potential reached 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
MUX forming a flat... bottom?A quick chart for a junior gold miner.
Underneath the chart I will zoom in on smaller time frames.
Making a 5th wave on positive divergens.
Very short/ term: I'm neutral
Short: I see a possible bottom
Intermediate term: Starting to get bullish
Safe trading ladies and gents!
@BLawrenceM
