Technical Analysis of BDCOM on 30 March 2017
This is no buy/sell recommendation - just a trial to see if
Technical Analysis (works to an extent) in Dhaka Stock Exchange.
BDCOM is an OK IT company that gives OK dividends.
Technically, in the last three years, it sort of
moved in a trading range from 22 to 28 with some minor aberrations. After
record date, it peaked at 28.4 on 7 Dec ’16 and is now retracing.
Hope to pick it in the lower 20’s . . .
This analysis failed - BD Com has broken upwards...
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