Biosensors after hit year high 0.9 on 19 Jan 2010 price has been slowly drifted back to recent low of 0.69 on 31 Mar 2010... A whopping 0.21 cents or 23.3% retracement from year's high. however from the weekly chart, Bio's long term uptrend is well supported at 0.7 and today the strong reversal will likely to challenge the multi-layers resistance from the year high resistance and also the 1st rebound resistance from last correction. Since both resistance are conjested at 0.805.. thus my take is I will closely monitor Bio ability to cross 0.805 with justifyable vol. else Bio still have chance to pull back to <0.74 now just keep the finger cross.. :)
PS: morning just QIQO from 0.775 and sold at 0.795 for some pocket money.
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