On Friday, Biosensors continue to trend sideway and closed at $1.14 with LOW volume of 3.26 million shares traded.

A long lower shadow occurred.  This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

RSI & MACD are flat as MACD lines are converge together.

Important Resistance of Biosensors: $1.18

Immediate Support of Biosensors: $1.11

Currently prices are resisted by the 50/200 days MA and supported by 100 days MA at $1.11

From the chart, we could see that Biosensors is currently forming a ascending triangle and it is a bullish signal.

Assume that the rising trend does not break; we would expect prices to re-test $1.18 resistance in the coming weeks.

If prices pullback to $1.11 support again, do consider for entry if interested since it ...