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5221-5240 of 10484
The only tools that allow us to play along with the BB.... I have concerned that it may go lower than 66ct....
I'm guessing that a Head & Shoulder is forming in the chart, and confirmation if it breaks below $0.68.
Hi Isolator, how u determine if it is bearish? From TA as well?
It is still bearish.....
Result out tmr. May be good to pick up then...
carsem ( Date: 12-May-2011 13:13) Posted:
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When the result is out ?
Hopefully the result will be good to drive the shares prices higher...
SgBulls ( Date: 10-May-2011 12:13) Posted:
| Yesterday's volume seems high. Is the chart showing a reversal? Or would the trend be clearer only after results release?
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Yesterday's volume seems high. Is the chart showing a reversal? Or would the trend be clearer only after results release?
Strong buying volume today expects to see more upside from here...
midas biz strategy is cost plus=means margin fluatuates with the price of steel(=cost). for what I understand
Jackpot2010 ( Date: 01-May-2011 12:21) Posted:
1Q 2011 results - I forsee lower margin b'cos of LME aluminium price up 50% over the past 1 yr from Apr2010 to Apr2011 + labour cost rise in China. So despite securing so many contracts (presumably at fixed price), its bottomline may look bad. Just a personal opinion.
alexchia01 ( Date: 28-Apr-2011 23:19) Posted:
Current support is at $0.680, you may want to wait for price to rebound before considering picking up.
You should know that MIDAS is in a downtrend channel, so going back to its high of $1.07 is unlikely.
You should sell when it reach the next peak. Current resistance level is at $0.80 |
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1Q 2011 results - I forsee lower margin b'cos of LME aluminium price up 50% over the past 1 yr from Apr2010 to Apr2011 + labour cost rise in China. So despite securing so many contracts (presumably at fixed price), its bottomline may look bad. Just a personal opinion.alexchia01 ( Date: 28-Apr-2011 23:19) Posted:
Current support is at $0.680, you may want to wait for price to rebound before considering picking up.
You should know that MIDAS is in a downtrend channel, so going back to its high of $1.07 is unlikely.
You should sell when it reach the next peak. Current resistance level is at $0.80.
New123 ( Date: 28-Apr-2011 20:47) Posted:
| Will pick up some when it is 71.5 - 72cents... |
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Tks! Is ok. Can see its potential value very good to go for Long(oversold). Not too much worry of it going down a little as I think soon it will move up to 75 cents,then 78.5, 80 cents,84 cents & 88 cents....
1Qtr result out 13th May...
Isolator ( Date: 29-Apr-2011 18:07) Posted:
| No hurry to buy any now... too dusty now.... cant see well... lol |
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No hurry to buy any now... too dusty now.... cant see well... lol
Better to just let it drift lower for a few more days. Even if you see some buying in, don t jump in. Have seen far too many false starts. Can afford to buy at one or two cents higher if prices really holds.
New123 ( Date: 28-Apr-2011 20:47) Posted:
| Will pick up some when it is 71.5 - 72cents... |
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Current support is at $0.680, you may want to wait for price to rebound before considering picking up.
You should know that MIDAS is in a downtrend channel, so going back to its high of $1.07 is unlikely.
You should sell when it reach the next peak. Current resistance level is at $0.80.
New123 ( Date: 28-Apr-2011 20:47) Posted:
| Will pick up some when it is 71.5 - 72cents... |
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Will pick up some when it is 71.5 - 72cents...
Yes, I agree.
Isolator ( Date: 28-Apr-2011 15:55) Posted:
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May drop further
i guess it may not be over yet.. just my opinion.
http://pick-the-winning-stock.blogspot.com/2011/04/sgp-midas-5en.html New123 ( Date: 28-Apr-2011 15:05) Posted:
I think can consider to buy some now... |
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I think can consider to buy some now...
Despite any bad news, I just keep buying, that is my habit, just too bad!
stanley888 ( Date: 27-Apr-2011 06:26) Posted:
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