BOQ – Bank Of Queensland Limited

Stock : BOQ – Bank Of Queensland Limited

Current Price : 12.27

Previous Buy Entry Trigger Level : 12.00

New Sell Exit Zone : 11.80

Status : On Watch for continuation higher

BOQ has played out nicely after trading through the buy entry trigger level. The price structure looks great for a move up through 12.80 and higher. We have tightened our risk up to 11.80 below the minor higher low and will sit back and watch the action.

 

 

ORIGINAL ALERT 30/3/17

Stock : BOQ – Bank Of Queensland Limited

Current Price : 11.87

New Buy Entry Trigger Level : 12.00

Potential Sell Exit Zone : 11.20

Status : On watch for buy entry trigger

BOQ is looking great coming off a major weekly support and higher low. Price looks set to explode higher to continue the weekly trend up. We are happy to buy at 12.00 with a push up out of minor contraction with risk around 11.20. If price pushes lower prior to entry then we will re-assess the structure.