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$BB | Technical analysis | The bottom has fully been formed. I assume that we see a similar price action soon
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Is it time to pick some juicy berries? 🍇

I had a look at $BB and assume that we finally formed the bottom. In the last few days we saw a sharp rise which might continue in the next weeks. If we can break the 12$ resistance, the next targets would be aroung 25-28$.

Using Elliot wave theory we are probably at the end of the correction wave 4 and now began with the bullish wave 5.

Price targets:

#1 12$

#2 25$

#3 48$

The risk/reward is worth entering a trade here. I bought yesterday around 10$. My stop loss is below 8$.

This is no financial advice - I am just sharing my opinion. Please do your own due diligence!

https://preview.redd.it/0fjc5w98pt171.png?width=1518&format=png&auto=webp&s=cf262736c8f4fe448bc881acdd345a1c5747496f

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3 years ago