SUMMARY
I can't remember the person who requested Bancor analysis back about a month ago, but I certainly hope you enjoy this and coming MASSIVE profits! Currently at 37% PROFIT!
A month ago, I had analyzed and recommended Bancor (BNT) using the below chart and a first key target of $5.40 or so.
Check out the BREAKOUT from the a,b,c,d,e triangle pattern. I've raised the first mileston target to $6.23 and the impulse should carry the price towards it or at least close. Now, expect corrections along the way and these corrections will be healthy as it gets rid of all the whimsical weak holders. The bigger target of $9 remains solid!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**