Can it head towards our target ?
Sent: Tuesday, April 14, 2015 9:15 AM
Subject: ******************** Breakout Seen: Midas - next resistance at 0.36 critical , price 0.365
Subject: ******************** Breakout Seen: Midas - next resistance at 0.36 critical , price 0.365
Poised for more upside if it can stay above the 0.36 new support level now. As per previous call, it has indeed traded upwards and attempted a breakout above the 0.36 resistance level today on top 20 volume. There can be more upside to 0.40 then 0.425. A bullish rounding bottom pattern seen that can lead the recovery. Trading buy call with stop loss at 0.345 for now. All 3 technical indicators pointing upwards firmly and more room to go to close the gap.
Sent: Thursday, April 09, 2015 9:54 AM
Subject: ******************** Breakout Seen: Midas - next resistance at 0.36 critical , price 0.345
Subject: ******************** Breakout Seen: Midas - next resistance at 0.36 critical , price 0.345
Midas has cleared the immediate 0.335 resistance level on top 30 volume today that has formed since Feb. This can open the way to more upside as it attempts to head to head the critical resistance at 0.36. Breaking above 0.36 will be a key positive as it closes the gap higher to 0.40 then 0.425. At current levels, have crossed above both the 20 and 100 day MA line and looks set to break above the 200 day MA line too. A bullish rounding bottom pattern seen that can lead the recovery especially if 0.36 – 0.365 sellers get out of the way. Can average up on a further breakout, Stop loss at 0.32 for now.
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