| Latest Forum Topics / Midas Last:0.192 -- |
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Midas
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matrixxx
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31-Aug-2011 11:51
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bought liao, at 445. next level 48. |
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matrixxx
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31-Aug-2011 11:49
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now is need more volume only
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EdwardLiu
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31-Aug-2011 11:03
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Chart is good, right ? It will move up to the window once crossed the resistance.
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dc16888
Senior |
31-Aug-2011 10:58
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long time never look at midas, since its bad news & china stock, read your post I make my analysis, really can buy? if it really make bullish u-turn surely good, but I m not sure, since unable to predict, I use TA chart & other indicators, read more............ http://www.tradestockdiary.blogspot.com cheers
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matrixxx
Member |
31-Aug-2011 10:55
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Not yet. Because Market haven't close. Until market close if still above 435, then is a good sign. Best if next day open higer or gap up, then no chance for ppl to buy at low, have to buy higher price which is a good sign.(meaning going up) Dun u see is happen the same price pattern like noble, YZJ, Capmallasia, in the morning run up, let u no chance to buy low price the past few days?. |
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bryancbq
Master |
31-Aug-2011 10:51
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is it counted as break liao?
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matrixxx
Member |
31-Aug-2011 10:45
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no need to see resistance at 44 if 43 and 435 breaks. Automatically will go to next resistance level at 0.48 and see if she breaks that one too
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EdwardLiu
Senior |
31-Aug-2011 10:36
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Now 0.44. Pick up ? Still in Q ?
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eurekaw
Master |
31-Aug-2011 10:36
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going to $0.48...cheong baby | ||||
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bryancbq
Master |
31-Aug-2011 10:34
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wa 440 even stronger resistance. | ||||
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bryancbq
Master |
31-Aug-2011 10:13
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hmmm. thanks thanks! i got in at 430. hmmm...hopefully it breaks. haha.
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matrixxx
Member |
31-Aug-2011 09:58
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Going in at 44 cents. Why? Because when it breakout of the price 0.43 and 0.435, meaning she has already break free of its resistance level Then she will have all the strength to run up to higher price |
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bryancbq
Master |
31-Aug-2011 09:30
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what price are you going in at?
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JUNWEI9756
Supreme |
31-Aug-2011 01:07
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thanks.. i share the same sentiments as u.. this counter is going to rally like mad.. But high volume is a challenge to this counter..
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stockmarketmind
Master |
30-Aug-2011 12:03
Yells: "stockmarketmindgames" |
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made my analysis. http://stockmarketmindgames.blogspot.com/2011/08/midas-ready-to-gallop.html |
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New123
Elite |
30-Aug-2011 11:51
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Yup! All indication is pointing to go up...
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stockmarketmind
Master |
30-Aug-2011 11:48
Yells: "stockmarketmindgames" |
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Midas look to chiong, watch! | ||||
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matrixxx
Member |
30-Aug-2011 11:43
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Probabilty of breaking 44 cents is high. Why? 1. Selling sign had ease shown from past few days price/volume. 2. Uptrending mode = RSI, Stoch pointing upwards. MACD golden cross. And also 29-Aug -Volume and price increasing. 3. Company declares dividends. 4. Price selling down over-reacted will be use as the reason later on. (I like this part is that when the share price breaks up 43 cents and shoot to maybe 50 cents or higher, there will be news that use " Past weeks selling is over-reacted, as the growth is still strong as the reason for the rise) 5. Earning reports still good and sound. 6. 3.13 billion, 62 million and 95 million contracts clinched has not move price yet as price is downtrend during that time and will not react much to all this news. But once downtrend is over, all this news will suddenly spring into actions. 7. China will invest about 1.27 trillion yuan ($199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development. In the end, China will needs a lot railways to expand her economy, therefore, will definitely still need to invest more $$ to build more High speed railway and metro lines. Remember, China is very very big. Win-Win situation for midas holdings. 8. Recent selldown done by Big Boys, Capital Group unloading holdings (Captial Group also can be seen unloading other good stock like Capmallasia, causing Capmallasia stock price to slide a lot too) and other shortists who took advantage of the situation. But once this selling is done, pause and when they really can't sell down anymore, price has only one way to go, and that is UP. - (Likely to be in the same price pattern of current Capmallasia when CG start buying in back again) - who unload at high price already, now is time to get back in at low price. 9. Take into the factor that now the risk reward ratio is good. Can buy little bit by bit upon seeing if price slowly going up and steadily. Buy some and keep in the pocket, and more contracts win news and news of resolving of train saftety matters by China in Sep will bring share price back to her glory price of 80 cents and above. 10. One of the best penny u can find in SGX at this less than 50 cents mark. Mostly importantly, lets HUAT together.
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EdwardLiu
Senior |
29-Aug-2011 17:28
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If it breaks 0.43. It may go up to fill gap at 0.48. But then only if it breaks. Otherwise might come back down. | ||||
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JustinQuek
Veteran |
29-Aug-2011 17:26
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good news if it breaks 43 cents probably reach 48 cents when china starts resuming railway contracts.anyway got 5th production line open this 2h why worry? | ||||
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