Thursday, January 26, 2012

Midas Holdings

26-Jan-11:
Similar set-up to Ezra. Having fallen from the highs in 2010, the shares were trading in the range of 0.315 to 0.375. Broke out of 0.375 resistance line yesterday coupled with decent volume over the last few trading days.


Trading Plan

Long at 0.38
Target price: 0.44
Stop-loss: 0.36

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