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Biosensors in Bullish Channel

trader88 — Thu, 12/02/2009 - 09:27

Biosensors International Group has been slowly gaining momentum since it touched historical low at 22.5 cents last October. It has been trading upwards in the ascending channel, a sign that it might have bottomed. More volume has to be present to ascertain its bullishness though.

At the moment, the resistance is located at 39 cents with support at 31 cents.

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