Tuesday, March 28, 2017

Technical Analysis of DBH on 28 March 2017

Technical Analysis of DBH on 28 March 2017

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

DBH is a growth company that gives good Cash Dividends.

Technically, it has been consolidating from 100 to 115 (from April ’16 to date – around 12 months). Today it broke out with Huge Volume. It might pull back to ~115 before flying away.

It is for the risk-taker with Stop Loss at 107 . . . 



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