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May 14, 2021 9:52 PM

OV8 BUY/LONG INCOMING! 1.45 to at least 2.30!  Long

SHENG SIONGSGX

Description

TICKER CODE: OV8
Company Name: Singapore Airlines Ltd.
Industry: Grocery Stores | Consumer Defensive | Singapore

Technical Analysis
1. Large Pennant / Falling Wedge Pattern Broke out and WAITING for Retracement
2. Fibonacci Retracement at 0.5 ( Silver Zone)
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole


Entry: NOT Ready
Entry at: 1.45 - 1.55
1st SAFE Partial Take Profit: 2.30


EXPECTED Take Profit in November 2021 - March 2022

Comment

NOTE THAT THE COMPANY IS

Sheng Siong Group Ltd

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