Sunday, September 21, 2025

Technical Analysis of LHB

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

LHB is a good cement company.

After a 2-month bullish rally from June to August (42.5 to 62.5), it is under-going correction.

Support Zone is 48 to 50.50

Let us watch if this holds or whether it creates a sort of Double Bottom.





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