On Thursday, Midas breakout its resistance at $0.785 and closed at $0.805 with HIGH volume of 33.41 million shares traded.
A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend.
Both RSI & MACD are bullish as RSI trend upwards.
Important Resistance of Midas: $0.815
Immediate Support of Midas: $0.785
Currently prices are resisted by 50 days MA.
Today Midas has break out of the ascending triangle at $0.785 with high volume.
This is a very bullish signal and affirms to the reversal of the stocks.
The support at $0.785 is expected to be very strong, do consider that as a entry point if pullback.
Key resistance will be at $0.86 which is expected to be very strong as well.
On Thursday, Cosco ...
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