Wednesday, October 2, 2013

Biosensors (technical)

Biosensors: the stock has tipped down today after bouncing off the $0.975 resistance (12 Aug gap). A close below the 20day MA ($0.945) could bode negatively for near term price trend. Would prefer to wait for a break of the pyschological $1 level before considering the stock as a bullish breakout candidate.

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