This is no buy/sell recommendation - just a trial to see if
Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Fundamentally, there is no reason for Fuwang’s bullish move –
50% return in ~4 weeks – no annual profit growth in a company where Directors
own <5% of shares with PE ~ 35+
Technically, today was a reversal candle. The huge volume in
last few days suggests that there might be further moves after some retracement
on declining volume in the coming days.
For the risk-takers, watch out for reversal signs, if any .
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