"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, March 31, 2011

MFN - still chugging toward target

I liked getting one weekly close above resistance.  Two turns it into strong support.

Maybe every dog does have its day if this young gold and silver producer stays on track.

Edit (1:53) In typically smarmy newsletter writer style, I will note that this opportunity was illustrated for NFTRH subscribers by email update when the stock was around 10, yet still within a nice constructive pattern.  Ultimately, I am a chart guy after all.

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at 3/31/2011 01:47:00 PM
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