Long
CGA BUY/LONG INCOMING! 6.25 to Potentially 25.50 by End 2021
TICKER CODE: CGA
Company Name: CHINA GREEN AGRICULTURE, INC
US Stocks Process Industries Chemicals: Agricultural
Position Proposed: BUY
Entry: NOT READY (6.25-6.40)
1st Partial Take Profit: 18.20 (August-Sept 2021)
2nd Partial Take Profit: 25.50 (End 2021)
Stop Loss: 3.85
Technical Analysis
1. Large Monthly Falling Wedge
2. Large Monthly Inverse Head & Shoulders (Expected TP @ neckline)
3. Fibonacci Retracement expected to hit 0.786
inline with Horizontal and trendline area
of confluence
4. 1st Partial Take Profit at Fibonacci Expansion Level 1 Grey Zone
5. 2nd Partial Take Profit at Fibonacci Expansion at 1.618
Company Name: CHINA GREEN AGRICULTURE, INC
US Stocks Process Industries Chemicals: Agricultural
Position Proposed: BUY
Entry: NOT READY (6.25-6.40)
1st Partial Take Profit: 18.20 (August-Sept 2021)
2nd Partial Take Profit: 25.50 (End 2021)
Stop Loss: 3.85
Technical Analysis
1. Large Monthly Falling Wedge
2. Large Monthly Inverse Head & Shoulders (Expected TP @ neckline)
3. Fibonacci Retracement expected to hit 0.786
inline with Horizontal and trendline area
of confluence
4. 1st Partial Take Profit at Fibonacci Expansion Level 1 Grey Zone
5. 2nd Partial Take Profit at Fibonacci Expansion at 1.618
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.