![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhS5Sm9if46osLcXBPIgaTQ9Y0tEEEdAK0A4ROpqq_evpfWaj5S7GY3pj74QBjlwVODsJ3fgNSVdb9neolkG6wqKY_ExKFZOn4tVCW2n-zwDNVGF0JDVYJ9K_bVLGGV-KktMk3L87W1bak/s320/Biosensor2.jpg)
Biosensor, after forming a low in the February market correction, the stocks rallied and break above the upper downtrend line forming a “high” point and then retrace to form another low. As this low point is higher than the February low, this is what we mention by a “Higher Low”. Having the 2 low points we can connect the 2 points to draw a uptrend support line for this stock, if there is more than 20 trading day(1month) between the 2 point, we will consider this as a mid-term trend. Another point to note is that this stock make a Higher low when STI is forming a lower low, this show that this stock has a “Stronger” trend than the market(STI). As market now is in overbought region, suggest to buy less than normal position if you want to buy.