BCEI: Possible Ending Diagonal to Spark Huge Rally

20 Oca 2016

BCEI may have completed an ending diagonal at the end of wave C of a zig-zag correction. This could send the pair on a rally toward its price target at around $9. In addition to the wave count, the current level is confluent between .618A=C, 1.786i=v, and iii=v which are all important levels to watch for support and resistance, especially toward the end of the final wave in the sequence. It should also be noted that the stock has a price target of $9 according to research analysts at KLR Group.

20 Oca 2016

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20 Oca 2016

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Beautiful bullish pinbar forming at expected reversal level:

20 Oca 2016

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