BOQ 0.73% $6.94 bank of queensland limited.

Just My take on the Charts, The RSI needs to reset as correct,...

  1. 7,114 Posts.
    lightbulb Created with Sketch. 461
    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.
 
watchlist Created with Sketch. Add BOQ (ASX) to my watchlist
(20min delay)
Last
$6.94
Change
0.050(0.73%)
Mkt cap ! $4.266B
Open High Low Value Volume
$6.89 $6.96 $6.88 $14.42M 2.079M

Buyers (Bids)

No. Vol. Price($)
4 6155 $6.93
 

Sellers (Offers)

Price($) Vol. No.
$6.94 34098 5
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
BOQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.