Added to winner MUX- McEwen Mining

Miners look to have turned the corner and are headed higher today. I showed a chart of McEwen Mining recently, but today it looks even better as its nudging back above its 200 day MA. MUX is a live case where where my position size is larger than my original desired position based on my fixed Total Risk (TR). I will still keep the risk close to the original level, just have more shares which means I will give them less room to be wrong. Because MUX looks like it’s about to start higher again and getting over it’s critical 200 MA, I feel the momentum near term has changed in my favor, so I am comfortable with more shares. I will continue to play this one the same way, if I get more chances to add while still sitting on unrealized gains, I will do so. I might add to this post later, as I have open bids on the market for more UROY, NVROF, and GDXJ LEAPS to name a few. Members get real time email alerts whenever I make a move, buying or selling, as well as access to account screenshots daily.

I only focus on MUX today because that is one I got some fills on, but the whole sector is acting better and many charts look similar. This afternoon might be a good time to add to some positions, let’s see if they present an opportunity!