On Monday, Midas re-tests the resistance at $0.405 and closed at $0.40 with HIGH volume of 40.69 million shares traded.

Both RSI & MACD are bullish though RSI at overbought region.

Important Resistance of Midas: $0.405

Immediate Support of Midas: $0.375

Currently prices are well above the 20/50/100/200 days MA.

Today prices have re-test the critical resistance at $0.405 with high volume for the second day. Profit taking well be well expected for the current over overbought

The resistance at $0.415 is expected to be strong.

Too late to buy on the overbought market. We would suggest to sell on the resistance of $0.405 if vested.

Stock Chart: Midas! is contributed by : Singapore Stock Information Exchange

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