Shares & Derivatives
Stock Chart: Biosensors, Noble Grp!
By Dou  •  August 14, 2011

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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By Dou
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