On Friday, Biosensors re-test the resistance at $1.20 and closed at $1.20 with LOW volume of 2.11 million shares traded.

A doji star occurred (where a doji gaps above or below the previous candle).  This often signals a reversal with confirmation occurring on the next bar.

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 bullish as MACD lines about to perform a “golden cross”.

Important Resistance of Biosensors: $1.20

Immediate Support of Biosensors: $1.11

Currently prices are well below the 20/50/100/200 MA.

For the past 8 trading sessions, prices have been trying to consolidate between the support of $1.11 and $1.20.

The support at $1.11 is expected to be strong.

The selling of biosensors ...