On Wednesday, Midas trend upwards and closed at $0.445 with LOW volume of 11.41 million shares traded.

Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

Both RSI & MACD are turning flat as RSI trend sideways.

Important Resistance of Midas: $0.48

Immediate Support of Midas: $0.38

Currently prices are supported by 20 days MA.

For the past 5 trading sessions, Midas have been trending aimlessly under low volume. This indicates the low interest from the investors.

We would like to remind that Midas is a extremely bearish stock as prices have been falling since Jan 2011.

Watch the support at $0.38 if interested since it is expected to be a very strong support.

On Wednesday, Capitaland broke the resistance at $2.48 and closed at ...