ALGO Sell Signal For BOQ

Our ALGO engine triggered a sell signal for BOQ into yesterday’s ASX close at $10.50.

The “lower high” chart pattern is referenced to the $10.80 high posted on April 17th.

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Recent chart rotation points to a medium-term low at or near $9.40. Investors looking to short BOQ can use our SAXO Go trading platform.

For more information on trading CFD products, call our office at 1-300-614-002

Bank of Queensland

Author: Todd

Todd has worked in the financial industry for 20 years. During this time, his primary focus has been in the Foreign Exchange, Global Equities and Fixed Income areas. Todd has also served as a Judicial Advocate in several tax cases in the US Federal Court.