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Monday, April 2, 2012

Biosensors - Control Returns To The Bulls

Biosensors rose 4.5 cents today to $1.55, the biggest one day gain in 8 weeks. There is evidence from the two charts below that the control has now been returned to the bulls ( That said, it doesn't mean profit taking won't set in. On the contrary, any profit taking will give us a chance to buy on dip ) :

K39- The last Stochastic fresh buy signal :

Mechanical Chart - Returned to Bullish Zone :