Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Wednesday, August 1, 2012

Biosensors Today's financial result and technical analysis


Biosensors 1Q13 Net Profit +45% At US$32.6 Mln which means that this stock fundamental is really something that to look for.. Though RSI moving towards 70% and the previous black candlesticks which mean sell-if signals might be confirmed, it has managed to climb back based on today's closing white marubozu candlestick and It has move over 50 day moving average..Indication of tomorrow's market direction be enough to verify for this.


Star-Trader




No comments:

Post a Comment