MIDAS HOLDINGS

MIDAS Holdings secures another contract worth RMB 526.9 million to supply train cars for Suzhou Metro line 2 . Delivery from 2013 to 2014

very deep accumulation at 39c level ; even when DOW plunged -200 , this stock still hold very strongly here at  this price .
Setting the stage for major rebound
 

slowly breaking out of base with very high volume today - 27.8 million shares traded today

1 day you say breakout tmrw like it's going up like a rocket. Now you say "slowly breaking out of base ....". Proven you are bo zhun leh!

The fact is, the Ministry of Railway in China hasn't re-started tenders. Midas tan ku ku.... This is fundamentally what brought the stock down last year. To get up again, Midas needs to clinch a number of good contracts and get out of the desert.
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[ZEN 29-02-2012]:

the gem will be starting it's breakout from tomorrow
Breaking through 42.5c then to 52c

never forgo a chance to buy a stock cheap when the opportunity present itself . Don't wait till a stock rally high high then regret never bought it earlier ....

anyone wanna share his TA view on midas's likely price direction for the immediate short-term?
 
today closed at 37 cts