The stock BOE displays a peculiar geometric proportion of a triangle formed by computing the price-time vector by drawing the triangle formed by the peak price of a price range to the bottom of the price range. Whenever the geometric proportion is reached, the downtrend is terminated, and a price rebound or rally begins.
The goemetric proportions for BOE on a squared chart takes the form of 4x4x0.01, 8x8x0.01, 12x12x0.01 or 24x24x0.02 which are easily recognisable. As can be seen from the chart, the moment this price-time vector is achieved, each time the price of BOE has started to rebound or move into uptrend. We have sighted the completion of the price-time vector 24x24x0.02 on Monday. What are the possibilities of a ride soon?
The stock BOE displays a peculiar geometric proportion of a...
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Last
$3.78 |
Change
-0.020(0.53%) |
Mkt cap ! $1.546B | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.80 | $3.68 | $14.57M | 3.901M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27456 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.78 | 132646 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BOE (ASX) Chart |