Thursday, June 13, 2013

******* Trading Sell: Biosensors. Share price 1.095. (CFD SELL trade only)

Following up from Sell call made on 29th May 2013. Biosensors has traded down on a weaker market. Support is at 1.10 which we have mentioned in earlier post 2 weeks ago. Currently this support level is being tested and has just been broken. Those who have profited by closing off previous short positions can consider holding more short positions. Next support to watch would be 1.07 which was holding strongly in Nov last year, then 1.05 then 1.00 critically.
New Trailing Buy stop at 1.115 now.

No comments:

Post a Comment