Technical Analysis of Biosensor

Above is the charts for Biosensors. The moving average 20 and 40 have started to turn up. This indicate the Biosensor maybe changing from down trend to up trend. Since last 2 weeks, the prices has falling again. However, at current price the stock look oversold based on the CCI. There maybe a buying opportunity when the price turn up again. Immediate resistance is at 0.71. If the price break above 0.71 the next resistance is at 0.77.

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