meszaros
Long

After BPMX correction again rise...

AMEX:BPMX   BIOPHARMX CORPORATION
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We expect a further significant increase with the completion of the correction. The end of the correction can be given by a D1 wave axis or a D1 ATR axis. This may range from 0.1615 to 0.1718. We expect a rise from this level. The second rising wave structure (23) may be strong and steep. Increased speed is predicted by the rising ATR. We expect the lifting speed to be so large that the D1 ATR shaft in its path moves without correction. Let us also assume that the next resistance level , a D1 mirrored wave axis, may be reversed by the exchange rate. The D1 wave axis and the D1 ATR axis are one of the strongest in the stock exchange statistical boundary, and here the exchange rate is closed for a longer period of time. Then, out of this range, it can reach the 0.8500 primary target price.
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