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