BOQ – Bank Of Queensland Limited

Stock : BOQ – Bank Of Queensland Limited

Current Price : 12.03

Status : On watch for higher lows

BOQ weekly chart looks strong after a washout of the 10.00 level. We see that price has been consolidating since Jan 2017 with minor higher lows and lower highs. We are now watching the lower timeframe daily chart for confirmation of a higher low and buy entry setup. We may see a washout of 11.30 prior to a higher low or after a push up through 12.50 but either way its on the cards