MEDTECS SGX BUY/LONG 1.15 to 2.65 by end 2021

TICKER CODE: 546
Company Name: Medtecs International Corporation Limited
Industry: Medical Instruments & Supplies | Singapore

Technical Analysis
1. Large Pennant Pattern Broke out and retested already
2. Fibonacci Retracement at 0.618
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole


Entry: Already Active (0.90-1.15)
1st Partial Take Profit: 2.65 (May consider full exit here)
2nd Take Profit: 3.80 (The market may not reach here as there is not enough historical data to project)

Stop Loss: 0.45

EXPECTED Take Profit in September - December 2021

Commento:

Hi all updated on MEDTECS, the market should potentially fall to 0.60 and potentially lower hence. we should look for an exit at 1.25 before the fall.

Safe Exit: 1.25

1st Buy Entry: 0.60
2nd Buy Entry: 0.45
3rd Buy Entry: 0.20 - The market may test to this level (I doubt it will but it could)

Ordine annullato