Latest Forum Topics / Midas Last:0.192 -- | Post Reply |
Midas
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LongSM
Member |
02-Oct-2009 12:39
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Too risky to hold many counters at this volatile period. Vested at 0.855 but cut loss today at 0.825 to easy my mind first. i will be back again. |
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richtan
Supreme |
02-Oct-2009 12:04
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As at this point in time, looks like forming an inverted hammer. Definition of "Inverted Hammer" copied from "Candlestick Charting Explained by Gregory L. Morris", pg 40 to 42: It is a bottom reversal candle. It occurs in a downtrend and represents a possible reversal of trend. If the next day (ie. Mon) opens above the inverted hammer's body, a potential trend reversal will cause shorts to be covered which would also perpetuate the rally. Similarly, an Inverted Hammer could easily become the middle day of a more bullish Morning Star pattern (pg 56) |
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JJSeng
Senior |
02-Oct-2009 11:51
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Haha...hope to collect some if can drop below 0.80. | ||||
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tedlim_me
Senior |
02-Oct-2009 10:39
Yells: "there is no equity in the equity markets" |
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richtan is basing his interpretation on the charts.. we'll see how it goes from here..
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risktaker
Supreme |
02-Oct-2009 10:38
Yells: "Sometimes you think you know, but in fact you dont" |
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Zhou Yu will prove you wrong :) | ||||
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risktaker
Supreme |
02-Oct-2009 10:35
Yells: "Sometimes you think you know, but in fact you dont" |
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If you think the correction is only 1 day :) haha good luck | ||||
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richtan
Supreme |
02-Oct-2009 10:31
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The lowest price for august/september is 0.81, the uptrend is still intact as the 65ema to 200ema is still uptrending and price still within the uptrend channel though the centreline had been violated.
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bennykusman
Veteran |
02-Oct-2009 10:23
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ristaker,
i have to admit, at last u are right about the support price...conratz
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risktaker
Supreme |
02-Oct-2009 10:22
Yells: "Sometimes you think you know, but in fact you dont" |
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remember what i say - about support price :) just be cautious
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bennykusman
Veteran |
02-Oct-2009 10:17
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im entering soon at this price if hit 0.82.. not much but at least im happy to enter the 0.82 price.. anyone remember the lowest price in midas for august/september ? is it 0.805 ?
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Richman
Veteran |
02-Oct-2009 09:47
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Still can wait... No hurry to jump in now...
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risktaker
Supreme |
02-Oct-2009 09:11
Yells: "Sometimes you think you know, but in fact you dont" |
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Pretty good trick you did Zhou Yu :) Well done | ||||
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risktaker
Supreme |
02-Oct-2009 08:43
Yells: "Sometimes you think you know, but in fact you dont" |
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Not if hes been unloading since 2 days ago :)
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tankuku
Master |
02-Oct-2009 08:28
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If BB unload then correction with down tren cannot be avoid. Trade with cautious |
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tonylim
Master |
01-Oct-2009 21:07
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Yes, Midas has strong fundamentals too. It is smart to go into joint venture with Chinese companies. Don't be panicky. China is a huge market. Good sense will prevail and be patient - you will see your money grow.
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alyl21
Member |
01-Oct-2009 17:51
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as reiterated, MIDAS does have a sound business. I analyzed its financials, statements look healthy. In other words, at the current price level, MIDAS look like a good instrument for the next 6 months. |
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risktaker
Supreme |
01-Oct-2009 17:03
Yells: "Sometimes you think you know, but in fact you dont" |
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诸葛亮说“周瑜不是不让midas上而是时程未到。” |
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risktaker
Supreme |
01-Oct-2009 16:36
Yells: "Sometimes you think you know, but in fact you dont" |
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真是妙阿 好局,周公 |
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risktaker
Supreme |
01-Oct-2009 16:18
Yells: "Sometimes you think you know, but in fact you dont" |
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周公is the ultimate winner
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keepnosecrets
Master |
01-Oct-2009 16:13
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Walau, must send SOS for assistance to get a good fisherman. This fish really big and stubborn throwing out too much when someone buy 86 cts, he will throw 85.5. | ||||
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