27 Jun '12, 2pm

Stock Chart: Midas!

Stock Chart: Midas!

On Wednesday, Midas re-tests the support at $0.275 and closed at $0.28 with LOW volume of 22.42 million shares traded. During the past 10 bars, there have been 1 white candles and 4 black candles for a net of 3 black candles. During the past 50 bars, there have been 11 white candles and 20 black candles for a net of 9 black candles. Both RSI & MACD are flat as RSI trend sideways. Important Resistance of Midas: $0.295 Immediate Support of Midas: $0.275 Currently prices are well below the 20/50/100/200 days MA. For the past 18 trading sessions, prices have been consolidation between the key support at $0.275 and key resistance at $0.295. The support at $0.295 is expected to be strong. Today prices have re-test the support at $0.295 with high volume. We would like to signal traders … Tagged as: MIDAS Read the full article → Related posts:Stock Chart: Midas! Stock Chart: SembM...

Full article: http://thefinance.sg/2012/06/27/stock-chart-midas-2/

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