traderprosignals

CGA BUY/LONG INCOMING! 6.25 to Potentially 25.50 by End 2021

Long
NYSE:CGA   China Green Agriculture, Inc
TICKER CODE: CGA
Company Name: CHINA GREEN AGRICULTURE , INC
US Stocks Process Industries Chemicals: Agricultural

Position Proposed: BUY

Entry: NOT READY (6.25-6. 40 )
1st Partial Take Profit: 18.20 (August-Sept 2021)
2nd Partial Take Profit: 25.50 (End 2021)

Stop Loss: 3.85

Technical Analysis
1. Large Monthly Falling Wedge
2. Large Monthly Inverse Head & Shoulders (Expected TP @ neckline)
3. Fibonacci Retracement expected to hit 0.786
inline with Horizontal and trendline area
of confluence
4. 1st Partial Take Profit at Fibonacci Expansion Level 1 Grey Zone
5. 2nd Partial Take Profit at Fibonacci Expansion at 1.618

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