Biosensors - Profit taking well supported

Biosensors (Profit taking well support at Greenline at $0.57...Hold)

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Biosensors various Technical Targets at a glance

Biosensors=$0.545 (Technical Targets at a glance)

Biosensors uptrend resumed

Biosensors=$0.525 (Greenline crossed Yellowline, up trend resumed)

Biosensors - Tweezers bottom reversal at key support suggests further upside

Biosensors is likely to see more upside in the days ahead following the formation of a tweezers bottom reversal pattern at the lower boundary of its 8-month uptrend channel and key resistance-turned support level of $0.46.

With the RSI staging a sharp bullish reversal to jump out of the oversold region and the Stochastic indicator also on the verge of doing so, coupled with the OBV indicator rebounding off its 6-month uptrend line again, they suggest that the upside momentum could be building up again.

We expect the rebound to meet an initial resistance at $0.515 (support- turned-resistance level), breaking which, the next key resistance is at $0.585 (2009 high and upper boundary of 8-month uptrend channel)

Below the immediate support of $0.46, the subsequent support is at $0.42 (resistance-turned-support level).

Candidates for technical rebound? Biosensors, Raffles Education, Straits Asia, AusGroup, Genting

Biosensors=$0.48 (Another candidate for technical rebound?)


RafflesEdu=$0.565 (Candidate for technical rebound?)


StraitsAsia=1.73 (Correction from high of $1.96 on 12 Jun, potential candidate for a technical rebound)


AusGroup=$0.55 (Potential candidate for a rebound to yellowline at $0.58)


Genting SP=$0.68 (Yellowline at $0.71)

Biosensors retraced to yellowline

Biosensors=$0.50 (retraced to yellowline already. for those who sold at 0.58 can look to buy back)

Biosensor - take profit

Biosensors=$0.55 (Ready to take profit at our first target $0.58)

HTF formation - Biosensors

Biosensors=$0.505 (HTF Formation...)

Biosensors turning parabolic

Biosensors (Turning Parabolic....target $0.58)

Biosensor - time to move now?

Biosensors=$0.445 (It has been holding around 200DMA for 6 trading days....time to move?)

Biosensors - after pull back...

Biosensors=$0.425 (After hitting the first target of $0.46 on 24 Apr, it has pullback to low of $0.42.....)

Biosensor above 200day MA finally

Biosensors=$0.46 (Above 200Day MA now after many attempts)

Biosensors threw back to $0.405.. now trying the trendline resistance again

Technically, first target at $0.46 follow by $0.53....Final target could be $0.75.

Chart of Sino-Env, Cosco, Asia Env, Biosensor, Chartered

Sino-Env=$0.20, called buy on 9 Apr at $0.155... reached yellowline at $0.205...take profit?


CoscoCorp=$1.05 (It will be positive if it can cross and stay above the yellowline....reinstate a buy


Asia Env=$0.13 Breakout?


Biosensors if breakout 200DMA.....


Chartered=$0.135 could challenge the $0.16 resistance

Biosensors - out from flag formation

But can it keep going? I doubt so.

Biosensors is now closed to 0.40, will move higher to 0.43?

Aiming for 200 Day Moving Average at $0.43

Biosensors go up further?

Biosensors=$0.40 (Likely the first to cross 200Day Moving Average)

Biosensors - Nice Chart but no volume

No volume means not sustainable.

Biosensors = $0.39 The outperformer?

On char looks like going up and up.

Biosensors = $0.36

Break trendline resistance