This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
CLICL is a mid-cap Life Insurance Company.
After a short rally from ~44 to 69+, it is under-going correction.
It is sort of forming a flag/pennant.
A break of the diagonal resistance might initiate another rally.
Nothing is confirmed yet. But due to today's low volume turnover in the market, we might see few rallies in low paid up stocks.
SL if it goes below 53.
Let us see what happens.
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