SembMar - Attempt To Breakout
SembMar attempts to breakout from the downtrend line today. However, the degree of penetration is not large enough to consider a successful violation yet. We shall watch and see if there is any follow up rally the next 1~2 days. If it is able to violate the downtrend line decisively, this will be the first foray toward a possible inverted head and shoulder pattern.
Biosensors Update ( Entry $1.34, Exit $ 1.43 ):
Biosensors closed with a shooting star today, a sign of short-term bearish reversal. I have taken profit from my position awaiting new opportunity.
Labels: Stock Pick
posted by Market Wizards @ December 05, 2011
