Biosensors

Biosensors: Counter has a last minute surge yesterday, after 2 major initiations by Goldman Sachs and Merrill Lynch on the counter yesterday, both with Buy calls. (Note that Deutsche initiated on grp last week too with a Buy recommendation) Counter is testing its recent high resistance of $1.24, a break above that could see next level resistance at $1.32 (200 day EMA). RSI does suggest that current uptrend could have more room to go.