Sid’s Elliott Wave Analysis of McEwen Mining Inc. (ticker symbol MUX)
After my recent post on First Majestic Silver Corp. (AG), I’ve received a number of requests for my current wave count on McEwen Mining Inc. (MUX), another highly regarded stock in the precious metals mining sector.
Sid’s Elliott Wave Analysis of First Majestic Silver Corp (ticker symbol AG)
Since AG’s August 2011 high of $26.88, the company’s stock price tumbled all the way down to $2.40 per share in January 2016. Let’s look at the price action in AG starting at that January 2016 low from an Elliott Wave perspective. (Click on the chart to enlarge)