60 Minutes should call Sense Holdings

Sunday night, newsmagazine 60 Minutes did a story on the threat represented by the unchecked container traffic at US ports. Under 5 percent are ever checked for anything.
We have been on biometric and explosives/narcotics/biological detector maker Sense Holdings for a while now.
Sense is at the forefront of this critical Homeland Security technology and as the public gets more and more aboard/concerned with who runs the ports, the threats apparent, etc, it likely bodes well for the Company’s robust, low cost detectors. I know I’d feel better if there were a slew of these handheld devices deployed at all North American ports.
Could well be a decent time to pick up the stock. The green line represents the best buying spot with support around 25 cents, a buy at .245 would be ideal, technically.
The multiple red lines represent resistance levels at .33, .31, .28 and .27. We consider this pattern a confluence area. Trading smallcap stocks is all about risk reward. I like our chances around .24 to .25 cents to see if it can gather momentum and break above that confluence area. If it does, watch out. A big rally would likely occur. Conversely, if it breaks below our .24 cents we’ll have to reassess.
Trade Safely




