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