Biosensors: A series of buy calls issued, Can it hold above 0.800 support now ? price 0.835

From last week call, we are seeing strength coming back again after some profit taking on last week breakout call. Where to now?

Sent: Wednesday, April 15, 2015 9:25 AM
Subject: ************************* Breakout spotted: Biosensor: More upside momentum can continue above 0.800, price 0.805

From previous call, we have finally seen a breakout above the critical 0.800 resistance level today, any clearing of 0.805 – 0.81 can serve as a confirmation. Volume building up gradually as of now. Raise stop loss to 0.785 on a convincing breakout. J A bullish inversed head and shoulder spotted with neckline resistance at 0.800 too, so crossing above can be a positive. 20 day MA has crossed above both the longer term MA in a sign of an upward trend taking shape.

Sent: Wednesday, April 01, 2015 2:55 PM
Subject: ************************** Biosensor: More upside momentum can continue towards 0.800, and a further breakout, price 0.78

Following up from previous call last week, Biosensor has still been consolidating from the 0.74 support to the 0.800 resistance level. Supported for more than a week and upside still possible above the 0.800 psychological resistance. At current level, 20 day MA line has also just cross above the 200 day longer term MA line and this can signal a trend upwards in the short term with this bullish crossover sighted. As long as 0.74 – 0.75 holds as the support level, still good for any rebound back up. A bullish inversed head and shoulder spotted with neckline resistance at 0.800 too. Can consider accumulating on dips above 0.75 with stop loss at 0.73. Average up o a clear breakout above 0.800.

Sent: Tuesday, March 24, 2015 9:34 AM
Subject: ************************** Biosensor: More upside momentum can continue towards 0.800, price 0.765

From yesterday’s call, Biosensors has traded upwards and today we have seen it cleared above the 0.76 resistance too on TOP 10 Volume. There can be more upside to 0.80 now in the short term as long as it stays above 0.75 – 0.75 new support. Have broke above the 200 day MA line convincingly and pulling further away from it. Breaking above 0.80 can pave the way to 0.85 in the short term still. Technical indicators pointing upwards with 20 day MA line also reversing on yesterday’s price action. Short term trading buy, raise stop loss to 0.74.

Sent: Monday, March 23, 2015 11:48 AM
Subject: *************************** Potential breakout: Biosensor, more upside above 0.70 - 0.71. WATCH

BREAKOUT above 0.71 seen indeed, now at 0.725. May start to see some upward momentum with 0.715 clearing out. Trading BUY.