traderprosignals

569 SGX BUY/LONG NOW READY! 0.230 to 0.690 by Mid 2023!

Long
SGX:569   VICPLAS INTL
TICKER CODE: 569
Company Name: VICPLAS INTL
Singapore Stocks Producer Manufacturing Industrial Machinery

Position Proposed: BUY

FOMO BUY ENTRY: NOW READY (0.245)
NEXT BUY ENTRY: (0.230)

1st Partial Take Profit: 0.690 (Mid 2023)
2nd Partial Take Profit: 0.980-1.020 (2024-2025)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION

Stop Loss: 0.175

Technical Analysis
1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE)
2. Area of Confluence on EMA & structure level
3. Fibonacci Retracement at 0.786
4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone)
5. 2nd Partial Take Profit will be at the 80% price range of INVERTED HEAD & SHOULDERS
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