On Friday, Biosensors re-test the support at $1.25 and closed at $1.26 with LOW volume of 6.048 million shares traded.
A black candle sticks with long upper indicates prices attempt to rebound on the support of $1.25 but failed to close higher.
RSI & MACD are turning bullish as RSI perform a up tick on Friday.
Important Resistance of Biosensors: $1.34
Immediate Support of Biosensors: $1.25
Currently prices are resisted by 20/50/100 days MA.
Prices have consolidating along the key support of $1.22 and key resistance of $1.38 since April 2011.
On 11 Aug, prices re-test the support at $1.25 and manged to close higher. This affirms that investors are buying on the dip to the support.
The support at $1.25 is expected to be very strong.
If interested, do consider to buy near $1.25 support if it pullback ...
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