While the overall consumer spending in bangladesh has been declining, Smartphone sales was three times lower. overall there is a huge liquidity waiting below all time low.
Trade active
General People of Bangladesh are main user of Walton products now started Boycotting walton. I would not hold any position of walton at this moment. Potential Sell off coming? Please let me know what do you think on the comment.
Note
The analysis was right on mark. Walton is still going down. I will be doing another analysis when i see something interesting or any buying opportunity comes.
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