April 28, 2015
Biosensors International Group Ltd, B20.SI is a household name stock. This gives the stock a lot energy to move either up or down; be aware.
Uptrend
How to trade a stock? Especially Biosensors, from the following chart, the stock price has crossed the River in December last year. Thereafter the price action fly above the River. River has act as a support to prevent the price fall below the River.
Moving Average is a good visual aid to identify PA bullish or bearish bias. To make the moving average even more effective, using two moving averages on the High and Low price will make the visual event more effective.
Have fun!
20150428 Biosensors International Group
Seven (7) Years Daily Data
If it also important to see the stock chart on a big picture. From the following chart, you can see the stock price has gone from uptrend to down trend, and now maybe in the uptrend cycle again.
Will remember, all setup can fail. Even if you find the trend is up again. But be aware, this may change again.
Have fun!
Biosensors Seven (7) Years Daily Data
Five (5) Daily Data from 2010
Sometime, you might want to zoom in to see a little better. So, the following is a five (5) years daily data instead of seven (7) years daily data. In this chart, you will probably think the reversal may get slow down as the support may turn resistance.
Will see!
Five (5) Years Daily Data Biosensors
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Moses
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