BioElectronics Corporation BIEL Stock Analysis - 9/28/09

The following is technical analysis of BioElectronics Corporation (BIEL.PK) stock for September 28, 2009.

BIEL Support and Resistance Levels - 9/28/09

Resistance Levels: $0.091, $0.0122,

Support Levels: $0.075, $0.055

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BioElectronics Corporation stock is pulling back to the 50 day moving average. If you like BIEL, this would be a great area to buy. I would be keeping a tight stop loss order on any close below the 50 day which would be bearish. I would also be a buyer of BIEL.PK if the stock could close above $0.122 which is the high this year. For More Technical Analysis - Go Here

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