traderprosignals

C38U BUY/LONG NOW READY! 2.10 to 2.65 by End AUG/SEPT 2021

Long
SGX:C38U   CAPLAND INTCOM T
TICKER CODE: C38U

Company Name: CAPLAND INTCOM T

Industry: FINANCE. REAL ESTATE INVESTMENT TRUSTS

Position Proposed: BUY/LONG (NOW READY!!)
BUY ENTRY: 2.00-2.10

1st Partial Take Profit: 2.65 (AUG 2021-SEPT 2021)
Potential 2nd Take Profit: 3.05 (END of 2021)

Stop Loss: 1.85

Technical Analysis
1. FLAGPOLE + Rising Wedge Occurring, 4 touchpoints established,
POTENTIAL BUY/LONG to mentioned prices by end of SEPT 2021.
2. Inversed H&S forming now, with the completion of the second shoulder,
it might POTENTIALLY push the market to mentioned prices.
3. Fibonacci Expansion indicates a rebound at 0.618 levels,
providing further evidence of a Push-up.

DO BE WARNED IF THE CHART REACHES THE FIRST TAKE PROFIT, IT MAY DO A REVERSAL.
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