Right shoulder to form in white on this weekly timeframe to escape this red downtrend
This will lead to the white channel continuation
This right shoulder completes the Inverted H&S pattern
This chart looks really good and getting ready for a breakout,
This could be a huge move,
Being on the daily, might take a few more days to develop, but worth to keep an eye on
Yesterday's market selloff brought NYSE:BXP to a key support at 113.76 which it broke and then today rebounded above. Will be watching to see if price does another test of the level to play a retest of the major high.
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Long 100 $AIV
Short 32 $BXP
Mean Reversion Time: 10 Trading Days
Quantamental Tools for Proprietary and Retail Investors.
Statistical Arbitrage Opportunities Delivered to Your Inbox.
QuantChart. io
Long 100 $AIV
Short 32 $BXP
Mean Reversion Time: 10 Trading Days
Hi traders,
today´s HOT market that I opened yesterday is "Boston Properties Inc."
As you can see in the analysis, this market was stuck in the Trading Range for several years and a few weeks ago broke down.
What makes this trade amazing is the fact, that we are still below the major Value Area , so we can say, that lower prices are respected.
INSIDERS,...
Boston Properties is finishing minute wave 4 and should continue up in wave 5 up to the target range between 109 and 115, where primary wave 2 should be completed. After this it should trend down to new lows. FOLLOW SKYLINEPRO TO GET UPDATES.
Boston Properties seems to have finished wave 4 counter trend move up and it is now tracing wave 5 down in direction to the most probable target at 62.70. If prices crosses up 87, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
I found this one yesterday and thought it was about to tank but it proved to have some fight. If this continues to show massive buying like today I could see it retracing to the golden pocket. if the markets bullish and this starts to move up (8EMA as a guide) there's lots of room for an entry and exit within these ranges for a nice trade.
Boston Properties is one of the prime office building owners in US. It seems to have finished a triangle corrective move that culminated in the end of minor wave 2. If this is the case price should be entering minor wave 3 up that could boost prices to up to 30% gains. Keep alert for the support level at the end of wave 2 at 89.29, if prices cross this line in the...
