BRB is starting to rise off a significant low which is also the lower boundary of a price channel that has held for 12 months. If BRB was to rise back to the channel upper boundary there is a significant level of resistance that (if achieved) would see a 68% profit on current price.

Elliott Wave suggests BRB is possibly rising on Wave 3 which is the longest and strongest rising wave in a price cycle.

BRB is something of a ‘roughie’ – but you never know!

BRB 18Feb22


Robert Norman

Phone: 0428 346 951

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