On Tuesday, Midas trend aimlessly and closed at $0.38 with LOW volume of 2.02 million shares traded.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Midas: $0.405

Immediate Support of Midas: $0.375

Currently prices are supported by 20/100 days MA at $0.375

Since July 2012, prices have been well supported on the 100 days MA. Prices are likely to rebound on the 100 days MA and rally upwards

The support at $0.375 is expected to be strong.

We would see the support at $0.375 near the 100 days MA a good entry point for Midas as it is expected to be strong. Cut loss if $0.375 breached with high volume.

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