Monday, November 4, 2013

Midway Gold Corp. (MDW) Video Chart for Monday, November 4, 2013

Midway Gold Corp. (MDW) Video Chart for Monday, November 4, 2013

MDW has been slowly making lower highs to form a bit of a descending triangle over the past nine months, but the chart made a move off the bottom support around 90 cents again on Friday. As the 50-day and 200-day moving averages are coming down on the stock price, technical traders will be watching to see if the chart is going to make an overall reversal.

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