BD Thai food

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BD Thai foodBD Thai Food & Beverage Ltd.DSEBD_DLY:BDTHAIFOODaltuskyKey Observations Long-term Structure: The stock bottomed around late 2023–early 2024, then entered a prolonged accumulation/base-building phase through most of 2024–2025. Breakout & Uptrend: A clear breakout occurred in late 2025, confirmed by rising volume and higher highs. Price has been in a steady uptrend since, with periodic pullbacks to rising support. Current Position: Price is at 27.30, having pulled back from a recent high. The green trendline overlay suggests this pullback is nearing the rising support zone around 24–25 BDT. Pattern Recognition: The chart shows a potential ascending triangle or bull flag pattern — higher lows compressing against resistance. A breakout above the recent high (~30–31 area) would be strongly bullish. Swing Trade Setup Direction: LONG (Buy) Entry Zone: 24.50 – 25.50 BDT Look to enter on a continuation of the current pullback toward the rising trendline support, or if price holds current levels and shows a bullish reversal candle (e.g., hammer, bullish engulfing). Stop Loss: 22.80 BDT (below the prior swing low and the green support line) Target 1: 30.00 BDT (prior resistance / swing high) Target 2: 35.00+ BDT (if momentum continues — the projected channel top) Risk/Reward: ~1:3 to 1:4 (depending on exact entry)