Thursday, December 2, 2010

Biosensors

Biosensors: CIMB has technical Buy Call. Note that the stock appears to be have formed a triangle, with a breakout seen yesterday accompanied by decent volume. With its MACD about to confirm its golden cross, tips a possible rally to continue from here. RSI is already starting to move up again. Tips resistance at $1.26, followed by $1.30-1.32. Stop loss at $1.10.

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