BOQ.ASX with a Road Map ?

A map to follow rather than having none and drifting along in a wonderland. After all, forecasting is part of TA and this is another one of those which may set a road map of some sort for us to follow.

Couple of scenarios with BOQ may be as follows : “W” Bottom and bounce off it’s 2016 lows OR “ABC” correction and meet the C target as shown on the chart. Cycle lines may also shed some light on the potential timing of the low point of the current correction/downtrend.

Stalking BOQ with my analysis for now.

Disclosure : I have NO open position with BOQ.ASX

Chart is courtesy of tradingview.com and it is FREE.

boqmonthly21042018

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