On Friday, Biosensors re-test the support at $0.96 and closed at $1.01 with HIGH volume of 20.19 million shares traded.

A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.

RSI & MACD are bearish as RSI in oversold region.

Important Resistance of Biosensors: $1.01

Immediate Support of Biosensors: $0.96

Currently prices are supported by 200 days MA at $0.96

Biosensors perform a strong rebound with high volume after it hits the critical support at $0.96 on Friday.

It is a signal of possible reversal since $0.96 support is expected to be very strong as it is both a 200 days MA and technical support.

However we would advise to wait for $1.01/$1.03 resistance to be breached before entry to confirm ...