EH POTENTIAL BUY INCOMING! 25.50 to 38.00 by October 2021

TICKER CODE: EH
Company Name: EHANG HOLDINGS LIMITED
Industry: US Stocks Technology Services Packaged Software

Position Proposed: BUY (23.65-25.50)

BUY ENTRY: NOT READY (23.65-25.50)
1st Partial Take Profit: 30.00-31.00
2nd Partial Take Profit: 38.00-39.00
3RD Partial Take Profit: 46.00-47.00

Stop Loss: 22.50


Technical Analysis
1. FALLING WEDGE PATTERN (COMPLETED )
2. HEAD & SHOUDLERS PATTERN (PARTIALLY COMPLETE)
2. Area of Confluence on EMA & structure level
4. Fibonacci Retracement at 0.618 OR 0.786
5. Safest Take Profit will land 80 % equivalent to the length of head and neckline
level 2 of Fibonacci Expansion Blue Zone