Copper has had a nice run recently and we've seen a 10% pull in its price over the last week or so. This has set up Mercator nicely as far as the indicators go, they are oversold and has had a good drop in share price last week as the TSX tanked but came back and bounced from support on Friday with decent gains. I would wait for an entry at $3.57 before making a move on it. This would be above Friday's candle and indicate a continuation of the bounce. It has created a 2 cent gap that needs to be closed. First target from entry at $3.57 would be the next resistance line at $4.10 for gains of 14.8%. Although, you may want to look at taking profits as it nears the $4.00 mark. That's a round number and stocks tend to sell around those areas.

See chart and other picks here...
http://us1.campaign-archive2.com/?u=4d6d491aea8e01d93d8a1f390&id=4764de9dd9#ML