On Monday, Midas re-tests the resistance at $0.785 and closed at $0.77 with LOW volume of 5.5 million shares traded.

A black candle stick with long lower shadow similar to a “hanging man” indicates the rally has weakened and prices may pullback soon.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Midas: $0.785

Immediate Support of Midas: $0.73

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

It is obvious that investors began to take profit as prices approaches the critical resistance at $0.785.

The resistance at $0.785 is expected to be very strong and required high buying volume to breakout.

If vested, do consider taking profit at that level unless confident of the breakout.

On Monday, Straits Asia re-tests the resistance at $2.54 and closed at $2.52 with LOW volume of 7.02 ...