On Thursday, Biosensors re-test the resistance at $1.34 and closed at $1.32 with HIGH volume of 7.22 million shares traded.
A gravestone doji occurred. This often signifies a top (the longer the upper shadow, the more bearish the signal).
A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
RSI & MACD are flat as RSI trend sideways.
Important Resistance of Biosensors: $1.34
Immediate Support of Biosensors: $1.31
Currently prices are resisted by 20 days MA at $1.34
After the recent correction from $1.41, prices are now resting comfortable at the support of $1.31.
In this week, there has been attempts to break through the resistance at $1.34 but failed.
$1.34 resistance is expected to be very strong.
As Biosensors has ...
...