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traderprosignals
May 25, 2021 3:09 AM

Singtel Z74 SGX BUY/LONG 2.30 to 2.86 by September 2021 Long

SINGTELSGX

Description

TICKER CODE: Z74
Company Name: Singapore Telecommunications Limited
Industry: Telecom Services| Communication Services | Singapore

Position Proposed: BUY

Technical Analysis

1. Large Inverted Head & Shoulders (Forming)
2. Pennant Pattern (Broke out and Retraced)
3. Take Profit will be at Key structure level and 80% of Head & Shoulders Price Rane

Entry: NOW READY (2.30-2. 50 )
1st Partial Take Profit: 2.86(August-September 2021)

Note that timeline buffered, I would expect Full Take Profit by Early 2022

2nd Partial Take Profit Analysis will be updated when we are close to our 1st Take Profit Area
Comments
JimZboy
Any updates on this?
JimZboy
1 more month left hmm
Mistyblu23
Thank you!! Can’t wait for it to reach target price !
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