The preferred scenario of Biosensors International is to be have wave 2 in the making after making a extended wave 1. The possibility of a triangle in the making. While a move below 1.260 - 1.290 may see the possibility of 1.15 - 1.18, however as long as 1.15 - 1.18 holds, the uptrend direction should be intact. a move above 1.420 - 1.460 will see the possibility of testing 1.610 - 1.720. The missing question is when and how it trend towards to level of 1.610 - 1.720.
Microport Scientific Corp (853 HK) may be the possible alternative to Biosensors. While Biosensor YTD is 12.45%, 853 HK YTD is 27.03%
