meszaros
Long

BPMX 157% increase...

AMEX:BPMX   BIOPHARMX CORPORATION
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In the exchange rate we expect a double impulse to rise. The exchange rate reached 0,1240 levels at the correction level. We expect a return to this level. The first rising pulse wave is expected to be 36%, with a target price of 0.1649 usd. At this level, we assume a correction or consolidation. Then we are waiting for a 113% re-pulse wave. For this dual pulse wave structure, the target price may be 0.3119 usd. Which is from the current level of 157% rise.
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