Technical Analysis of Saiham Textiles on 19 March 2017
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
I do not know much about the company. PE is high ~20.
Technically, it is very bullish. Next time, if it breaks Resistance at 21, then next Supply Zones are at 24, 27.7, 31+, etc . . .
It is for the break-out trader – the risk-taker (keeping Stop Loss at 7%) . . .
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