SUMMARY
NOTE: If this blog gets downvoted; has our backs!!
Ox (ZRX) is very promising! The pattern and Elliott Waves are generating a confluence of indicators and all are pointing UP! The Cup & Handle is also indicating higher highs with a small pause for the handle formation.The target is $2.47 or 367% profit potential!!
The BREAKOUT of the long channel is significant because it signals a trend reversal! This coupled with an impulse of five waves. The corrective wave occurs only until the sellers are exhausted which means that once the bulls take control, the original trend is resumed.
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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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.**