BOQ - on course and divvied up, page-26

Just My take on the Charts,

The RSI needs to reset as correct, (Its an RSI theory that a guru used to post in Videos)

For the RSI theory to hold true, then BOQ needs to hit about $8-8.50.

Mabe some here will understand the type of RSI theory Im referring to.

A fair while ago, the same RSI theory pointed to NAB needing to trade below $28- to re-set the RSI..

And I believe it has done that.

IMO the yields on BOQ look great, my only worry is the bearish pattern and the RSI theory.

At around $8- or so I reckon it could double within 5 years, so IMO a screaming Buy.

The election fears of Royal Commission on a result upset adds some lead to the basket for a few weeks.

Under 10 bucks will happen before the election IMO.

For the Momentum to roll around and turn the Queen Mary will mabe get to the sub 9 level and re-set the RSI at 8.50 or so.

Then next wave of Ups with first obvious target 10 bucks.