Tuesday, July 17, 2012

Midas - Absorbing Of Supply

I believe Midas is currently in the mode of absorbing the overhanging supply, it might take time before buyers are ready to take the stock for an uplift. Look at Biosensor, it broke out yesterday and continue trending higher today, that's because the BBs have absorbed enough scripts to give it an upward push.

Ronald K - Market Psychologist - The Big Speculator