Monday, September 29, 2014

A SERIES OF Midas CFD SELL calls since May - Did you participate in this downside ?

Sent: Monday, August 25, 2014 9:57 AM
Subject: Follow Up************** Midas: CFD Sell opportunity.... further breakdown of 0.400 support..... price 0.39
Following up from PREVIOUS SELL CALL, Midas has today broke the 0.400 psychological level convincingly further. SHORT POSITIONS entry from 0.385 to 0.395 can be used to further ride the downside to 0.35 as mentioned previously. Technical indicators still looking bearish at the moment with more downside likely as long as 0.400 remains as new RESISTANCE.

Sent: Wednesday, August 13, 2014 9:59 AM
Subject: Follow Up************** Midas: CFD Sell opportunity....Broken critical support at 0.425..... - CFD SELL trade setup.... price 0.415
Following up from previous SELL CALL, Midas has traded to a low of 0.425 and has formed a support above this level. Note that this support at 0.425 has been holding since Jan LAST YEAR and finally we have seen a breakdown today on TOP 20 volume currently. More downside can be possible to 0.400 then 0.35. A Bearish Descending triangle spotted since Jan this year where it has been forming lower highs. 20 day MA LINE sloping downwards negatively on the breakdown too. Can consider further CFD SELL positions to ride more downside with BUY STOP loss at 0.435.   J

Sent: Monday, May 12, 2014 11:32 AM
Subject: ************** Midas: CFD Sell opportunity....... Immediate 0.46 support broken...... More downside possible in short term.....
Sell Entry: 0.455 to 0.46
Target: 0.425 then 0.40
Stop loss: 0.47
Reason: Breakdown of temp 0.46 support on top 20 Volume with Stochastic indication turning negative….

No comments:

Post a Comment