Biosensors   

Is Biosensors a good buy?

Thanks shifu for the analysis, missed reading your post for qute sometime.  This rising wedge seems may continue another week or so if doesn't breakdown.  So needs to continue to monitor.  If it is able to stay > $1.32 next week, it may be able to test $1.40 at MA200, am I right? Of course, if it breaks down, we  have to put our stop loss accordingly.

Bintang      ( Date: 26-May-2012 13:24) Posted: Biosensors has made a technical rebounce to fill the falling gap at $1.315 recently . And is likely forming a rising wedge at the same time . If it breaks the formation n goes downward , support is at $1.07 . susan66      ( Date: 25-May-2012 18:14) Posted: Yes, you may try around here, still quite stable today.  Due to market sentiment, do not want to push too fast. See further improvement next week, relax first & have a good weekend!

 

I am also losing money here :(

yiming2000      ( Date: 26-May-2012 02:18) Posted: Hey friend yeen123, don't play. Serious money being lost here.

 

Biosensors has made a technical rebounce to fill the falling gap at $1.315 recently . And is likely forming a rising wedge at the same time . If it breaks the formation n goes downward , support is at $1.07 .

susan66      ( Date: 25-May-2012 18:14) Posted: Yes, you may try around here, still quite stable today.  Due to market sentiment, do not want to push too fast. See further improvement next week, relax first & have a good weekend! Tropical      ( Date: 25-May-2012 17:12) Posted: what's the entry price? still can buy at 1.31 or 1.32 to try some luck. Dunno too late or not.

 

Hey friend yeen123, don't play. Serious money being lost here.

 

twinkle twinkle little star =X

wangerism      ( Date: 25-May-2012 17:24) Posted: Did i see a star?   Tropical      ( Date: 25-May-2012 17:12) Posted: what's the entry price? still can buy at 1.31 or 1.32 to try some luck. Dunno too late or not.

 

Yes, you may try around here, still quite stable today.  Due to market sentiment, do not want to push too fast. See further improvement next week, relax first & have a good weekend!

Tropical      ( Date: 25-May-2012 17:12) Posted: what's the entry price? still can buy at 1.31 or 1.32 to try some luck. Dunno too late or not. susan66      ( Date: 25-May-2012 10:42) Posted: Don't get too excited most are dipping now, may pull back a while for this too.

 

not bad. can we see abovw 1.40 next week

 

Did i see a star?

 

Tropical      ( Date: 25-May-2012 17:12) Posted: what's the entry price? still can buy at 1.31 or 1.32 to try some luck. Dunno too late or not. susan66      ( Date: 25-May-2012 10:42) Posted: Don't get too excited most are dipping now, may pull back a while for this too.

 

what's the entry price? still can buy at 1.31 or 1.32 to try some luck.

Dunno too late or not.

susan66      ( Date: 25-May-2012 10:42) Posted: Don't get too excited most are dipping now, may pull back a while for this too.

 

guys .. have a nice weekend ....

good move, hope miracle happen ...

 

yeah sneaking up while noone realise...

 

ricourean      ( Date: 25-May-2012 15:35) Posted: Trading pattern looks familiar. Systematic  buying on the way but do not want to buy big chunck to push price up too quickly. It should go touch 1.34 shortly and could go higher,

 

Trading pattern looks familiar. Systematic  buying on the way but do not want to buy big chunck to push price up too quickly. It should go touch 1.34 shortly and could go higher,

 

stop selling at low px la ... push it fiercely .... more profit to come .... come one ... push push ... lol

 

Bulls and bears having a fight- Bulls trying to push it to test next resistance, of 1.36  bear trying to pull it under 1.31.

 

lai liao la .... chiong ah............. huat ah

 

Overall market coming down,  so BIG price succumb?  Hope as in many previous case, BIG retract late volume, but return with vengence in afternoon especially on Fridays.

Nevertheless I am confident of the fundamentals of BIG, going forward. Was looking at Nobori- actuall sales for Nobori ending march last year and that ending this year saw an estimated  rise from 100 to 200 million yen. Also since early feb this year Nobori 2 showed  very good test results - and so should boost sales of Nobori stents- and hence boost BIG licencing incrome from Nobori.

 

Don't get too excited most are dipping now, may pull back a while for this too.

 

Bulls are running. Susan66 said when bulls are running, it's time to buy more for the run up.   

 

Better still- next week results coming - more income from Terumo more income from JWMS cost of clinical trials charges no surprises-

Better still - at post result conference - JW  will allay fears regarding  china sfda approval and recent competitors stent approval in japan and provide infomration of probable CE for biofreedom next year.

 

just a word of caution.   usually counter rises prior to good news release. once the price factored in the anticipated good news, it will drastically drop news release......

just be careful.......