BioSensors (technical)

BioSensors: Technical Sell Call by UOB kay Hian with potential 14% return and $0.98 TP. House note that the stock appears to have a follow-through selling pressure after the formation of the bearish counter-attack candlestick pattern, and prices have been resisted near its 100-day moving average. Its Stochastics indicator spots a bearish crossover and MACD indicator is still below its centreline. Stops could be placed at above $1.19.