BNO - Wave 3 of 3 = Big Upside Potential
BNO appears poised to break out to the upside. A breakthrough of the recent high just under 33.50 may indicate the beginning of a wave 3. Also appears to be wave 3 of a higher degree. The fibs show significant profit potential. I am placing a buy stop at 33.50.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.