BKY Monthly chart
Elliot wave corrective patterns and Large triangle, added Triangle base target estimate to possible breakout area
Likely $2.70, currently $0.425 = 630% or 6.3 reward to risk if you are willing to keep it to $0.00
Not making money but very experienced and qualified management team developing its spanish mine,
BKY has a current ratio of 31x which suggests it has large reserves circa ~$75mil as of Early 2025 suggesting it has a large reserve to convert assets into production
Elliot wave corrective patterns and Large triangle, added Triangle base target estimate to possible breakout area
Likely $2.70, currently $0.425 = 630% or 6.3 reward to risk if you are willing to keep it to $0.00
Not making money but very experienced and qualified management team developing its spanish mine,
BKY has a current ratio of 31x which suggests it has large reserves circa ~$75mil as of Early 2025 suggesting it has a large reserve to convert assets into production
ノート
As an alternative theory, There is a potential for this to be a small triangle for a further move down to $0.13This would represent a triangle throwover and if there are buying signs on lower timeframes would offer a lower risk opportunity to buy
Timing is not critical for me as this is a multi year trade but interesting structure to see as 20year triangles are not very common
トレード稼働中
Breakout to upside, already at $0.545 and likely to continue climbing, likely the start of a large move given the consolidation below and relatively tight price actionWould not be surprised to large upward moves ahead, but I never buy on large bars
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。