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MXI.V – Merrex Gold my other portfolio position so far is holding up very well. I particularly like the fact it is starting to build pressure trading slightly below a significant round number. If the stock can take out the 1.00 CDN$ level it could really move. Chartwise everything tells me this is a high probability outcome. Now it depends on how the next set of news will look like. You know the name of the game. The chart is saying odds for good news to come are extremely high. I don’t know how single trades will pan out. But as long as I focus on proper execution a high number of trades will make sure I will come out ahead. The MXI.V – Merrex Gold chart looks great. Pressure is building.

Up-to-date MXI.V – Merrex Gold chart on my public list.