MERCANBANK Review | Share Analysis | Dhaka Stock Exchange | Got Return? Become An Investor

DISCLAIMER: Although I have been correct about these analysis dozens of times, it doesn't mean that I am correct this time. You'll have to connect to the information and then will have to make a decision for yourself. This is purely based on my expert opinion and there are no guarantees. Trading stock, forex etc carries high risk. As you trade with your own risk, be self-dependent and learn properly.

MERCANBANK Review

It's an interesting fact when it comes to making a decision on buying or selling a share. Because traders then classified themselves into 2 categories. Technicians and Fundamentalists. But in reality, there is lots of overlap.

As per Technical Analysis on 13 August 2017 :

Pattern = Rounding Bottom

Support = 24.30 Tk (Fibonacci Level 1.618)  

                  23.10 Tk (RTS - Resistance Turned Support)

Resistance = 28 Tk (Fibonacci Level 2.0)   

Tips for the investors Never Let a Winner Turn Into a Loser.

Pattern Mentioned Above : Rounding Bottom.

'Got Return? Become An Investor'

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Our commitment is to always act in our clients' sole best interest. Our job as your investment manager is to construct your portfolio with the highest quality investments available in order to offer the greatest probability of achieving higher returns.

*** Link : http://financesource123.blogspot.com/2017/07/investment-opportunity-in-stock-forex-market.html

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Risk Disclaimer : Trading in the financial market carries risk.

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