Midas    Last:0.192   -

Midas

hope it can close above 0.70 and with more than 10k volume....

 

Is over already.... It will rebound very fast....

 

This will keep Haunting Midas until the judgement sanctioned

 

Say good bye to 68.5ct, and say hi to 80ct very soon...

 

Midas will be above 80ct.. Still no change....

 

Midas has reached the downside target as mentioned , if it would  to rebound next week , the strong resistance is at 72 cents . According to the RSI , it may go into sideway movement for quite some times . ADX is still rising at 49 while DIs are negatively crossed . Short term support is at 63 cents .

Bintang      ( Date: 23-Feb-2011 11:12) Posted: If there is no rebound in the near term , then breaking 72 cents would see it goes   down to 67 cents which becomes the strong support now . Bintang      ( Date: 22-Feb-2011 18:55) Posted: Midas formed a hammer recently , but unfortunately it turned into a hanging man . Because it did not rebound after the formation formed .It fell again heavily after breaking the support at 81.5 cents .Since the daily RSI  is at over-sold position  , it would continue the down trend to 72 cents or may fill the gap at 67 cents

 

On Friday, Midas rebound from the support at $0.665 and closed at $0.68 with LOW volume of 5.14 million shares traded.

A black candle stick with short lower shadow indicates that the rebound is relatively weak as traders sell on strength.

Both RSI & MACD are turning flat as RSI trend sideway.

Important Resistance of Midas: $0.73

Immediate Support of Midas: $0.665

Currently prices are resisted by 20 days MA at $0.73.

The selling for Midas seems to be..............READ MORE


 

 

Depending on the days you used and based on the today current price... Tools is there, but setting can be different depending on how individual setup... lol...

 

hi, did not see macd crossing up....

 

Chart revealing a reversal from its downtrend and should be a good opportunity to enter, I hope.   MACD signals crossing up and prices had stayed at the lower bollinger band for some time.   Must enter not to miss.   For those who bought above 75 cts, a good averaging technique could see you recover losses.

Don't trust me 100 percent, but hope my forecasting could be right.   Cheers. 

 

The unexpected incident occurred last Fri only.... The rest is consider to be  expected.... It is reflected on your charts now... 

 

Sad to say, hoping to stablelise is good enough, never mind recovery. I too hope they can recover, not just the market but the people, but that can only happen next year.

Joe2020      ( Date: 18-Mar-2011 09:35) Posted: Those who go long have to consider....there will be 2 Days ( Sat and Sun) before the Market open again next Monday....WIthin this 2 days....Japan can announce anything that will spoil your apetite during the week end..Japan has not recovered yet.

 

Those who go long have to consider....there will be 2 Days ( Sat and Sun) before the Market open again next Monday....WIthin this 2 days....Japan can announce anything that will spoil your apetite during the week end..Japan has not recovered yet.

 

Let's the markets decide....  Go Go Go... 80ct...

 

Ha ha. You are funny man. If don t drop another 2 cents very happy already.

Isolator      ( Date: 18-Mar-2011 01:34) Posted: Midas will continue going up tmr.... to 80ct....

 

Midas will continue going up tmr.... to 80ct....

 

No lah, I just ask Tampines " Tiao tan" master, she told me will rise back to S$0.77 !LOL.

New123      ( Date: 16-Mar-2011 16:53) Posted: If the up swing is continue. May see it rises back to 74 cents soon.

 

Resistance?? Are you sure??

 

Strong resistance is at 72 cents .

Bintang      ( Date: 15-Mar-2011 12:09) Posted: Since all the indicators are negative , so never against the trends . Salute      ( Date: 15-Mar-2011 11:59) Posted: many counters prices are so low, very tempted to buy

 

walau...sold already just rise back...what to do ar?