Friday, June 10, 2016

Midas Holding Ltd Technical Analysis

Midas appears to have bottom, if not rather near to bottom already. A falling wedge seem to be in formation and the measured move is around 0.6-0.65. Thereafter, consolidation could happen at around 0.56 - 0.6 before the market decides the next direction. I am curious to find out if it would go to 0.8-1 in the longer term. We shall see.



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