On Monday, Midas re-tests the support at $0.46 and closed at $0.475 with HIGH volume of 6.17 million shares traded.
Both RSI & MACD are bullish as RSI trend upwards.
Important Resistance of Midas: $0.485
Immediate Support of Midas: $0.46
Currently prices are supported by the 20 days MA at $0.46.
For the past 3 trading sessions, prices have been consolidating along the support at $0.46.
The support at $0.46 is expected to be strong.
The selling seems to have eased and we would suggest to buy near the $0.46 support if interested. Cut loss once $0.45 support breached.
Stock Chart: Midas! is contributed by : Singapore Stock Information Exchange
