Bank of Queensland, BOQ.ASX.

Long term chart for determining our position in the trend. Floor at current levels or at C target of $8.51 with BOQ prior to the next anticipated primary motive wave 5  ? Subject to what unfolds in the weeks ahead is likely to tell us more about which. Once on hand, that is likely to mark the low point (correction low) in primary trend, wave 4 of EW.

For now, watching the support test in the zone of $10, as it unfolds in the next lower time frame weekly ( weekly not shown).

FREE chart is courtesy of tradingview.com

Disclosure : Not a holder of BOQ.

boqmonthly10052018

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