PTL 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.

PTL 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 11 September 2017 :

Two bullish factors are working on the chart now :

1. Flag Pattern : Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume.

2. Kicker Signal : A two-bar candlestick pattern that is used to predict a change in the direction of the trend for an asset's price. This pattern is characterized by a very sharp reversal in price over the span of two candlesticks; traders use it to determine which group of market participants is in control of the direction.

Plan To Trade :

* Support 1 = 36 Tk ; Support 2 = 34.70 Tk

* Target = From 39.70 Tk To 42.50 Tk

* Stop Loss = Below 34.70 Tk

Tips for the investors : ''All your trades should end in one of the four ways : small win, a big win, a small loss, or break even, but never a big loss'' - Steve Burns

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