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...
My trading software had detected a bullish engulfing pattern in BXP. Besides, the price has jumped from support so there is a possibility it will move further, perhaps even breach resistance above.
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