Over the past two years, similar sideways structures have repeatedly been followed by strong bullish expansions.
Will history repeat?
Nobody knows.
But one thing is certain:
📈 Markets alternate between Accumulation → Expansion → Distribution → Correction.
Right now, Jamuna Bank appears to be in another accumulation phase inside an established rising channel.
The next move will depend on whether buyers can break the current range with convincing volume.
Price first. Opinion second.
Points to be noted: AGM July 27, will Jamuna Bank change it's 29% cash dividend into bonus and cash? like NCC??
Will history repeat?
Nobody knows.
But one thing is certain:
📈 Markets alternate between Accumulation → Expansion → Distribution → Correction.
Right now, Jamuna Bank appears to be in another accumulation phase inside an established rising channel.
The next move will depend on whether buyers can break the current range with convincing volume.
Price first. Opinion second.
Points to be noted: AGM July 27, will Jamuna Bank change it's 29% cash dividend into bonus and cash? like NCC??
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.