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AssetDesign

BNO - Wave 3 of 3 = Big Upside Potential

Long
United States Brent Oil Fund, LP ETV (BATS:BNO)  
AssetDesign  
BATS:BNO   United States Brent Oil Fund, LP ETV
Wave Analysis
1
0
waveanalysis
BNO appears poised to break out to the upside. A breakthrough of the recent high just under 33.50 may indicate the beginning of a wave 3. Also appears to be wave 3 of a higher degree. The fibs show significant profit potential. I am placing a buy stop at 33.50.
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