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Jun 2, 2021 6:35 PM

U77 SGX BUY/LONG NOW READY! 0.650 to 1.285 by 2023 Long

SARINE TECHSGX

Description

TICKER CODE: U77
Company Name: SARINE TECH
Industry: Singapore Stocks Electronic Technology Electronic Equipment/Instruments

Position Proposed: BUY

Entry: NOW READY (0.650-0.900)
1st Partial Take Profit: 1.285 (September 2023)
2nd Partial Take Profit: 1.945 (September 2024)
3rd Partial Take Profit: 3.060 (December 2027)

Stop Loss: 0.465
Technical Analysis
1. Large Inverted Head and Shoulders (Forming head)
2. Falling Wedge (Broke out of diagonal structure)
3. Double Bottom
4. Small Pennant Pattern Forming to Push about Key Structure


Comment

UPDATE ON Take Profits

1st Partial Take Profit: 0.915 (August - Sept 2021)
2nd Partial Take Profit: 1.285 (September 2023)
3rd Partial Take Profit: 1.945 (September 2024)
4th Partial Take Profit: 3.060 (December 2027)
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