Biosensors   

Is Biosensors a good buy?

just to complete, i put up the chartnexus for comparison, see the last day 16 July data , which is not yet updated by

 

I think you select one-year chart so the chart is compressed and has 3-day data in one-point

if you select 3 month chart, the chart will have 1 day data , see below chart for 3-month.

however care should be taken since the last day data is not yet updated. the drop on july 16 was not yet updated.

using ChartNexus, you can update lastest day data around 6pm after market is close.

Laulan      ( Date: 17-Jul-2009 08:24) Posted: Then according to the yahoo finance chart, the picture is slightly different as you can see.  Different chartists have different results if their records have errors.

 

Then according to the yahoo finance chart, the picture is slightly different as you can see.  Different chartists have different results if their records have errors.

 

 

Semula!! Wrong command, dun move. Keep still. Cheers.

el7888      ( Date: 16-Jul-2009 17:03) Posted: Today Biosensors is Belakang Pusing

 

Today Biosensors is Belakang Pusing

 

MACD below zero is normally expressing that the price is in a bear mood but normally it is the best time to buy if other signals are bullish because the signal go above the zero line as soon as prices move.

 

TA-wise Biosensors' chart has proved to be eratic. But most indicators are bullish.  The current price line (at 50 cenets) has cut above the short and longer term moving averages.   The bollinger bands are narrow and the price has just moved to the higer band. Also according to the charting on SJ, it would appear that BIG has gone too far ahead of its 200 days moving averages.This could mean that a big action in price upwards or downwards for an extended time is necessary to bring the longer term averages to a more comfortable distance from the price.  The prices might either stagnate at the high or move with big volatility for some period of time in order to achieve this. The MACD signal being below zero is a bullish sign too and the Stochastics %K cuting %D is encouraging.  I cannot find any bearish signal yet.

 

Should be ok for today with DJ strong rebound and all the good news.

Asia markets are all GREEN.

 

investor      ( Date: 15-Jul-2009 21:19) Posted: From a TA perspective, Biosensors seem to be making a 'reverse head and shoulders ' pattern (some people call it a reverse double bottom, or a W sign), with the head on 24th jun (0.46) and the shoulder on 8th jul (0.455), and the neckline at 0.505 (30th jun), with reasonable volume. Tomorrow's price action will be needed to confirm this pattern., by breaking above the neckline of 0.505. A note of caution - Not all technical patterns will be successfully executed. A personal opinion. Not a call to buy/sell.

 

From a TA perspective, Biosensors seem to be making a 'reverse head and shoulders ' pattern (some people call it a reverse double bottom, or a W sign), with the head on 24th jun (0.46) and the shoulder on 8th jul (0.455), and the neckline at 0.505 (30th jun), with reasonable volume.

Tomorrow's price action will be needed to confirm this pattern., by breaking above the neckline of 0.505.

A note of caution - Not all technical patterns will be successfully executed.

A personal opinion. Not a call to buy/sell.

 

WoW!!! the bull is angry ....

 

2nd 1000 lots came in.

thomas_low      ( Date: 15-Jul-2009 16:21) Posted: Ho ho ho, the game is ON, come join the game... Snake and Ladder....1,000 lots in one go....500 lots in the next go...wow...

 

Ho ho ho, the game is ON, come join the game... Snake and Ladder....1,000 lots in one go....500 lots in the next go...wow...

 

Hi Richtan,

Can you also plott this stock to see whether it will move like that

Wow!!  

Ha Ha Ha!!! DYODDD

 

Wow!!! after the criticism, it starting to march forward..Hahaha!!!. We need a sergeant major to shout men!!!

 

I like your description. hentak kaki means

 

dvdtsk      ( Date: 15-Jul-2009 14:42) Posted: This is the Hentak Kaki stock!!!. sometime do the MJ dance the moonwalk!!!.ha ha ha! Even the report on positive GDP and bullish recovery on biomedical production, the stock still hentak kaki!!!

 

This is the Hentak Kaki stock!!!. sometime do the MJ dance the moonwalk!!!.ha ha ha! Even the report on positive GDP and bullish recovery on biomedical production, the stock still hentak kaki!!!

 

Good reminder! Not only speak up in BIG's AGM if you have doubts but also speak up at all other AGMs. 

Whenever I go to an AGM or SGM, I want to find the opportunity to speak up and ask some questions.  Yes never think that people will laugh at you.  So what? What will you lose if they laugh, paiseh? No paiseh.  And Never think you are asking silly questions. Know that every question on the company, business or accounts is useful.  Remember, your money is involved and if you always make it sweet for the directors, your money become sweet to them. Cheers.

starlene      ( Date: 15-Jul-2009 10:00) Posted: So cheap leh,AGM held at SGX centre not at hotel,save cost?I think tha AGM also very mild,just formality,all motion will be passed,here so many pple can suggest and talk but at AGM all kept silent.Folks time to voice yr frustration at coming AGM

 

This I see it as good cost management, prudent, shows that this is a good company, well managed. Just need to have better products and sell more.

 

So cheap leh,AGM held at SGX centre not at hotel,save cost?I think tha AGM also very mild,just formality,all motion will be passed,here so many pple can suggest and talk but at AGM all kept silent.Folks time to voice yr frustration at coming AGM

 

caution!!!!!!!!!!!!!!!!!!!!!!!back again

Laulan      ( Date: 14-Jul-2009 22:33) Posted: Thanks Bengster.  I can see you have been very logical in your explanation and newbies should learn from the lesson given.  It is a very good piece of discipline he has shared here. bengster68      ( Date: 13-Jul-2009 18:38) Posted: I would advise buyers to have some patience. Patience, patience, patience! Patience can make traders / investors good money in stock market. When you see the perfect psychological moment to buy finally arrive, be bold.... execute your buy order, strike like a cobra. Wait for DOW and STI to show trend reversal. Wait for this stock to show trend reversal. Monitor the price action very closely when you feel its about time the reversal is about to happen. Watch the price action around the support level zone, visualise the candlestick formation even before the trading day ends, see the reversal formation, RSI and fast stochastics price ocillators reversal from a very oversold level. When the selling forces eases off and buying forces start to come back, thats the time you should make your first trade if you are not vested. Wait for price action confirmation before you make the trade. Dont jump the gun. After reversal, when price line cut above the short-term MA line convincingly, add on a second trade. If the underlying buying forces is strong enuf to break the 58cts convincingly, add in a third trade. Stock market is too unpredictable to make all your purchases at one go. Stagger your entry. Average winners, never average losers. Each trade has to make paper profits before the next trade can be made. That means you are making a right trade and you are on the right side of the market. Once you make paper profits on your first trade, it proves you are on the right side of the market otherwise you wont have the paper profit. That fact that you are on the right side on the market will make you have more confidence to add on a second trade, risking only the market's money (your paper profits), never risking your precious limited capital. I hope people can benefit from this trading strategy. BTW i was never involved in any scam BB syndication or some kopitiam con synidicate. Be very careful when taking stock tips the next time someone offers you a tip or market rumour. Sometimes the info may be correct (esp when market is bullish since most stocks move up in bull market) but the tipster will never tell you when to get out. BB rumour monger need retail punters to buy and further push up the price after the BB syndicate has finished their accumulation. This is to facilitate their distribution to public evenutally.