On Monday, Midas re-tests the resistance at $0.95 and closed at $0.93 with HIGH volume of 5.1 million shares traded. A big black candle occurred.  This is bearish, as prices closed significantly lower than they opened.  If the candle appears when prices are “high,” it may be the first sign of a top.  If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long black candle adds credibility to the resistance. Both RSI & MACD are bearish as MACD lines about to “cross down”. Important Resistance of Midas: $0.95 Immediate Support of Midas: $0.925 Currently prices are resisted by the 100 days MA at $0.95. Midas has been bearish recently as prices formed a bearish “lower high” and “lower low” pattern. Support at $0.925 is expected to ......