594 SGX BUY/LONG NOW READY! 0.05 to 0.016 by Mid 2022!TICKER CODE: 594 SGX
Company Name: CAPALLIANZ HOLDINGS LTD
Singapore Stocks Energy Minerals Oil & Gas Production
PENNYSTOCK BUY AT OWN RISK!
Position Proposed: BUY
BUY ENTRY: NOW READY (0.05)
1st Partial Take Profit: 0.012 (End 2021)
2nd Partial Take Profit: 0.016(Mid 2022)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 0.03
Technical Analysis
1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE)
2. Fibonacci Retracement at 0.786
3. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone)
4. 1st Partial Take Profit is at the Fibonacci Extension level of 1.618 which is also at the price range of the pole.
5. 2nd Partial Take Profit will complete the head formation of the INVERTED HEAD & SHOULDERS
it will also hit Area of Confluence on EMA 200 & structure levels which will very likely reject down
to form our 2nd Shoulder
