by ckchoy
Stocks screen - Sarin, Biosensus
**Sarin after breaking 0.66 resistance in 26 May, it has been in surging up trend. Today it continue makes new high and closed at 1.075. Looking back its price action from one week ago, there seemed to be accumulation activities below $1. May try your luck to buy below $1. In a short period of time, so far this is a great winner stock, I'm not sure what is the downside risk and how high it will hit but it looks to have a great potential for more upside.(please plot your own graph, as I'm not a TA expert)
**Biosensus is another stock that bucked the profit taking trend today. After hitting 1.28 in the afternoon, it ramped up steadily and closed near high at 1.345. It broke the short term resistance at 1.31 hence in term of TA, it is in good shape now and looking for more upside. The short term support/resistance is 1.28/1.41. Keep an eye of this stock, monitor for a while and decide your entry point. (please plot your own graph, as I'm not a TA expert)
**The views are valid until before 2Q 2011 results announcemnt ( around Jul and Aug 2011). After that the views will be reviewed.
Be decisive, Be patient, Don’t be greedy, Don't be stubborn
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All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)
Tuesday, 5 July 2011
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