Bio Sensors: Caution. UOB Kay Hian has Technical Sell Call after its recent Run. House recommends Technical Sell TP of $1.40. Note that stock is currently trading near the upper channel band and believe it is likely to face resistance near S$1.58.
The Stochastics and the CCI indicators are turning down from the overbought region, suggesting prices are likely to pull back. Alternatively, investors may exit their shorts if prices move above $1.61.
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