Biosensors - Wait for further confirmation

Biosensors




Above chart is hourly.

The Long candle on the hourly chart does look buillish in the short term.But, Biosensors is on a clear down trend since it touches its high of about $1.70.

Total volume for the day was not the kind of ultra high volume that I am looking for.

A good test at $1.00 could be attractive.

Update on 11:36am Friday : Very bullish and breaks my yesterday top of 1.085. Currently resting at $1.10. Short term bullishnedd exists but major trend is still down.

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