Shares & Derivatives
Stock Chart: Biosensors, Wilmar!
By Dou  •  March 31, 2011

On Thursday, Biosensors re-test the resistance at $1.19 and closed at $1.18 with HIGH volume of 13.77 million shares traded.

Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

RSI & MACD are bullish as MACD perform a golden cross today.

Important Resistance of Biosensors: $1.19

Immediate Support of Biosensors: $1.14

Currently prices are supported by the 20/100 days MA at $1.14

Today prices tried to breakout of the critical resistance at $1.19 with high volume and failed.

Due to the bullish sentiments on biosensors, prices may re-test the resistance at $1.19 with high volume tomorrow as well.

Watch for any breakout tomorrow if interested.

On Thursday, Wilmar re-test the resistance at $5.48 and closed at $5.46 with regular volume ...

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By Dou
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