Shares & Derivatives
Stock Chart: Biosensors, NOL!
By Dou  •  July 19, 2011

On Tuesday, Biosensors re-test the resistance at $1.25 and closed at $1.28 with LOW volume of 4.01 million shares traded.

A white candle sticks with short upper shadow affirms that investors are generally bullish on the stock though there are little profit taking.

RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Biosensors: $1.34

Immediate Support of Biosensors: $1.25

Currently prices are supported by 100 days MA.

Prices have been consolidating along the key resistance of $1.38 and key support of $1.22 since April 2011.

The support at $1.25/1.22 is expected to be very strong especially when the 200 days MA is near that range.

If interested in fundamental of Biosensors, we would see it as a good chance to buy near the support of $1.25/1.22.


On Tuesday, NOL re-test the support at $1.37 and ...

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By Dou
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