July 19, 2014
Moses’ Stock Column
Picture (Chart) Worth a Thousand Words!
Welcome to Moses’ Stock Thought and Notes!
Let study Biosensors International Group Ltd B20. Biosensors was on uptrend for 2011, thereafter B20 had declined, downtrend mid August 2013. Biosensors has gone ranging since then. The price action has range between 0.78 to 1.04.
See the chart for details. Chart tells a thousand words!
Biosensors Daily Chart July 18, 2014
Remember, unless there is an external “force” the trend will continue. What can be the “force” to let the price action change direction, either up or down – to break out from the ranging.
Biosensors International Group, B20 July 18 Daily Chart
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Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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