Re-look at Pragati Life Insurance on
9 March 2017
This is no buy/sell recommendation - just a trial to see if
Technical Analysis (works to an extent) in Dhaka Stock Exchange.
This is to re-look the previous analysis of Pragati Life
Insurance
done on 25 November 2016: http://imti77az.blogspot.com/2016/11/technical-analysis-of-pragati-life.html
The
previous chart still stands.
The
last two days Pragati Life has broken out with slightly increasing volume. As
it has come out of the BB, it might
retrace a bit next couple of days – offering a chance for the risk-takers.
Those
of us who took an earlier position – we could sit back and watch . . . patience
is a virtue . . .
If
you are brave enough to enter now – Stop Loss would be 110
The
previous chart still stands – thought I might have to re-evaluate the target of
140 – it might be too conservative to accommodate the next possible bullish run . . .
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