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#1 tsharp

tsharp

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Posted 09 December 2016 - 08:19 PM

Over the past six months or so, I've opined on the BKX, suggesting it had room to move higher based on the possibility it could fulfill the RH&S target.  My observation has come to fruition, and then some... I do suggest the BKX is nearing it's limit, with the a possible top target objective at the fib. .786 retrace level in the ~99 range, or at the most the fib. .886 retrace level of ~109... time will tell.

 

Link to BKX weekly chart:  http://postimg.org/image/v8irwtsd5/

 

BKX_W_12_9_16.jpg