Monday, June 17, 2013

Biosensors (technical)

Biosensors - Technicals appears to be trending along Oversold territory, with RSI and Stochastics indicating oversold positions. ADX D- is beginning to hook downwards, while ADX is testing the 40 levels, which could indicate that the current downtrend could be running out of steam. The 20 day MA at $1.17 would act as the near-term resistance.

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