Saturday, February 10, 2024

Technical Analysis of Malek Spinning Mills Ltd

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

Considering the rally from 24 Jan 2024, it might be a 5 wave up move.

It seems we are in Wave 5 - which might be an extension.

This is hypothetical - need to see what REALLY happens!




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