Tuesday, 30 October 2012

OUTLOOK (22-28 OCT 2012)

MARKET OUTLOOK - Market has been drifting downwards. Caution is expected with Hurricane Sandy pounding the US east coast. Overall longer term trend is still leaning to Bullish side, but short term sentiment will be affected by perceived economic impact from Sandy.


SHORT-TERM (2 - 4 WEEKS)


  • MIDAS  
Range bound between ($0.40-$0.44), currently no momentum and catalyst, but trading volume is still healthy.