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7941-7960 of 10899
OCBC Investment Research
Testing resistance
- The rebound we forecasted in our 5 Feb report occurred over the last few trading days.
- Biosensors struck the 1st resistance level at S$0.85 and has shown some weakness after failing to break through it.
- We observed the stochastic indicator has begun rising out of oversold regions. This coupled with the MACD, which is on the verge of cutting upwards, suggests there could be a continued move upwards.
- In addition, the volume spike on the back of the price rise 2 days ago suggests that there is more upside ahead.
- We expect the resistance at S$0.85 to be re-tested and that it is very likely to break. If so, Biosensors would rise towards its 2nd resistance at S$0.96.
- We expect the moving averages to provide immediate support should the price pull back further. If the support at the uptrend line fails to hold too, subsequent support is set at S$0.68.
http://www.remisiers.org/research//Technical%20Analysis%20-%20Biosensors%20-%20080214%20-%20OIR.pdf
At this price the upside potential much more than downside. This 83cts support level should be able to hold well. Whatever you do, just don't sell now or you will regret later.
quite a sleepy counter this morning
Always be extra careful when you play any counter...
It is easy to make money,
But at the same time, it is also easy to lose money... 
seriously speaking...on a personal basis...i also don't wish Biosensor to cheong up so quickly...although i don't own any shares of this counter...i do have quite a few friends who have it...go drink coffee will hear them talk about it of the days it went in glory...and its only just last month we are talking about..
so slow and steady...don't cheong too high so fast...its a rollercoaster...good to see it in gradual build-up instead
hey cyjjerry85 i guess is best like your friends....keep for long term...
I also getting abit tied.... to talk much...about this counter... talk up...then let shortist to shot it down....also feel bad...maybe some ppl kenah caught if they enter 1 day late...
I perfer this counter to move few bits at a time...more shoik...then cheong up....walk 5 steps then walk back 3 steps... haiz.... but is the BB make the call......too bad....
But one thing for sure... with CE in their pocket.... this is much a different animal now then few months back..... they should worth more then now.... just keep under my pillow....and sleep on it... 
I agreed with bengster...dont sell cheap for now...............................(not asking u to buy or sell)
Bro.Bengster:
Thank you so much,hope you are correct this time ,I will keep BIg until it CHIONG.
BIG> CHIONG!!!!!!!!!!!!!!AR!!!!!!!!!!!!!!!!!
aiy...unable to predict such accuracy if it will cheong or not lah...i personally know a few people like my friends who hold on to Biosensors...they see towards the long term...anyway, technically speaking...it is still above the 200MA
Bro. How to know tomoro will cheong?
Please advise./Tks
I think tomorrow then will chiong. The BBs are gearing up for the best timing.
no momentum nor energy now for biosensor...
Today mega cheong to where??????????????????
current huge queues to go in at $0.835
This BIG got 1,2 ,cents profit faster run dont waiting your time
the highest today it will probably hit shld be just $0.855-$0.86 range...tt's just my prediction
Not much volume. BB wait for shortist to appear first before buy them up
Today should cheeeong. Mega cheeeong!!! If drop, im happy to pick up more. If cheeong, im happy because vested already.
Saw a random survey on a medical website, where the question was asked - What would you prefer to see in the next generation of DES ?
1) A Durable Polymer ?
2) A bio-absorbable polymer
3) Not much of a difference as long as they yield the same results.
There were 82 respondence, and the percentages were as follows :
1) 8.5 %
2) 62 %
3) 29 %
I would presume that the majority of the people answering the survey were medical people, and the majority (62 %) prefers a bio-absorbable polymer.
For information only.
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