Technical Summary: The stock of BOQ has been in a volatile trading range for the last 5 years with wild swings between 10 and 14 dollars per share. This has continued on the one year chart and has made the stock most interesting from mean reversion perspective. At the current juncture the stock is in an interestesting spot. The stock moved above its 50 day moving average in May and has moved strongly. In the last 2 weeks the stock has pulled back and this might provide a mean reversion, buy the dip opportunity for the astute trader. The stock can be bought knowing that there is historical support at around $10 per share. You can click here to read our fundamental recommendation on QBE.