Biosensors   

Is Biosensors a good buy?

no lah... drifting aimlessly

 

breaking down...

 

On Friday, Biosensors re-test the support at $1.435 and closed at $1.455 with LOW volume of 3.27 million shares traded.

During the past 10 bars, there have been 2 white candles and 7 black candles for a net of 5 black candles.  During the past 50 bars, there have been 22 white candles and 19 black candles for a net of 3 white candles.

RSI & MACD are flat as RSI trend sideways.

Important Resistance of Biosensors: $1.565

Immediate Support of Biosensors: $1.435

Currently prices are well support at 100 days MA at $1.435

Prices seem to ..............    READ MORE

 

 

Rise on low volume not a good sign.  Down on low volume a good sign? How do BB's collect for the push up?

iluvgambling      ( Date: 02-Mar-2012 20:40) Posted: but on low vol.... which is not a good sign. stocksburntme      ( Date: 02-Mar-2012 15:49) Posted: indeed, it rose

 

but on low vol.... which is not a good sign.

stocksburntme      ( Date: 02-Mar-2012 15:49) Posted: indeed, it rose ricourean      ( Date: 01-Mar-2012 19:50) Posted: Bisoesnors typicall price drop for average of 3 wks after results out. Then it starts it's ascension again. Often on a Friday. Will it rise again, Friday tomorrow?

 

indeed, it rose

ricourean      ( Date: 01-Mar-2012 19:50) Posted: Bisoesnors typicall price drop for average of 3 wks after results out. Then it starts it's ascension again. Often on a Friday. Will it rise again, Friday tomorrow?

 

Bisoesnors typicall price drop for average of 3 wks after results out. Then it starts it's ascension again. Often on a Friday.

Will it rise again, Friday tomorrow?

 

 

Sit this one out... immediate support 1.41 resistance 1.48. Looks like BB not done collecting.

 

Cut loss at 1.43. See u next visit. Good luck.

bishan22      ( Date: 20-Feb-2012 10:04) Posted: Entered at 1.475. Good luck. bishan22      ( Date: 17-Feb-2012 14:26) Posted: BB is trying to shake off weak holders. Most of the trading days, this counter is rather stable. Not vested

 

going to test 1.42/1.425 again

 

Good long term play though..

 

regret buying this bugger.....

 

Better not buy now.

It hard to sell - the selling volume is 2.5 times the buying volume yesterday, 29 Feb 2012. How to sell the stock in the future? No evidence of dividend at SGX website.  At Kim Eng, Auto Chartis chart showing converging triangle - going to $1.4574. Bolinger Bands get wider and - I intrepret as no hope of going up. Where is the hope in short term?

 

Dont know when the cha cha will stop. Need some good news to vroom. Good luck. 

stocksburntme      ( Date: 29-Feb-2012 16:28) Posted: pathetic counter. give up

 

Sorry typo, $1.50 breaking ceremony in March =)

 

$1.60 breaking ceremony in March. =)

 

pathetic counter. give up

 

Going nowhere.....

 

no show for this bugger so far. where will it go?

 

Chanting, I see you have strong opinions and I am glad for you that you have exited.  BUT the fundamentals of the counter are very strong.  Can't understand why it would sink when valuation reasonable/cheap based on fundamentals as an asia play on a global bourses.