Boolberry has broken out of the daily wedge pattern.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Boolberry has completed one cycle from the June 13 low. The wave one finished on the July 11, and the wave two correction ended on the August 2. The wave three advance finished on the August 29, and the wave four correction ended on the August 31. The wave five advance finished on the September 13, and the three wave (abc) correction ended on the October 11. If this wave count is correct, Boolberry should be heading next towards the September 13 peak.
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, Boolberry is currently most likely in the wave three (sub-wave iii). The wave one started in December 2015, and finished in February 2016. The wave two correction ended on the June 13.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Boolberry.
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