Wednesday, March 27, 2013

Tading Buy: Midas. Share price 0.535.

Midas has broken above the 0.53 resistance, now at 0.535. Has been consolidating below for more than a month. Tested a total of 4 times and finally crossed above today. Short term target to 0.58 possible.
As long as 0.53 remains as the new support, we are bullish. A break above 0.58 can pave the way to test 0.600 quickly.
Stop loss at 0.52.
 
 

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