MIDAS - Reversal?

MIDAS has been experiencing price sliding for many sessions. However, a possible 'hammer' might have formed 2 days ago. This hammer is somewhat short in its lower shadow and there is no volume confirmation about such a pattern.

Short term EMA (5 days) is still lower than the long term EMA (20 days) but it is catching up.

Judging from the volume distribution, it doesn't seems like many of the big boys are buying into this stock, but more like house traders placing their bets. Towards later part of the day, there is some bigger scale buying up activity.

For those with bigger appetite for risk, this stock may turn out fruitful till the price reaches $0.76- 0.77. Do watch out for the volume confirmation this 1-2 days, lacking which it will be time to cut loss.

P.S. Vested.