Market Review and Trends
Stock Pick – Biosensors International
By Stock Market  •  June 21, 2012
Is Biosensors International offering a Buying Opportunity?

21 Jun 2012.  Biosensors International made a new 52-weeks low of 1.105. It closed at 1.11.  It closed at a level that have some degree of (historical) importance.  On 4 Oct 2011, it closed at 1.11 with an inverted hammer candlestick and then embark an uptrend journey to 1.70 before losing all the gains.
To me, either one buys now or monitor to assess whether it is worth to buy.  If we have the opinion that it may test the lower bound of Downtrend Andrew's Pitchfork, I guess the region of 0.980-1.04 may provide an buying opportunity if the support of 1.06-1.11 does not hold.

For me, if it does happen, there is a possibility of rebound back to test the Median Line of Downtrend Andrew's Pitchfork, which may coincides with the level of 1.12.  Of ......
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