On Monday, Biosensors re-test the support at $1.215 and closed at $1.22 with HIGH volume of 7.23 million shares traded.
RSI & MACD are bullish as RSI trend upwards.
Important Resistance of Biosensors: $1.27
Immediate Support of Biosensors: $1.215
Currently prices are resisted by the 20/200 days MA.
Today Biosensors undergo heavy selling pressure as bears attempt to break the support at $1.215, however prices managed to close above this support.
The support at $1.195 is expected to be strong.
Biosensors are currently trending sideways with the key support at $1.195. Do consider to buy at $1.195 support if interested. Cut loss once this support breached with high volume.
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