As requested by SH. Biosensors bottomed at .58 during May when it was involved in lawsuits over patent rights. Note that the 38.2% retracement mark from
high of 1.30 and low of .58 is 1.02. In the meanwhile, it look set to test 1.02 with a strong closing today at its high of .955 high volume. Support at .93/.83. Sometimes we can use rsi to see when a stock is likely to reversed. I have marked out the blue arrows on the rsi chart with corresponding arrows on the price chart for your reference.
high of 1.30 and low of .58 is 1.02. In the meanwhile, it look set to test 1.02 with a strong closing today at its high of .955 high volume. Support at .93/.83. Sometimes we can use rsi to see when a stock is likely to reversed. I have marked out the blue arrows on the rsi chart with corresponding arrows on the price chart for your reference.
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