Friday, September 15, 2006

 

Biosensor update...

Biosensor opens with a big gap up today and test the triangle 0.95 resistance. (In the previous biosensor post, I had mentioned that Biosensor is forming a triangle). IT hits a intraday high of 0.955 but fail to close above 0.95. As Biosensor need to break up from the triangle to see more price upside, today closing of 0.935 is bearish and it is a doji . there could be a pullback from 0.95 if biosensor not able to break up from the triangle for the next couples of days...

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