Technical Analysis
Elliott Wave on Stock
By ccloh Strategic Investor Zone  •  March 18, 2018
Elliott Wave can use to analyze market indices and stocks but not all stocks behave in Elliott Wave structure.  As such most analysis you can find are done on market indices.  That doesn't mean we don't use Elliott Wave to analyze stock performance. The following is a stock (stock name not display) that was listed on SGX market in 2003.  Since then till now, the price movement (with price adjustment for corporate action such as dividend) follows Elliott Wave nicely.
From 2003 to 2007 was Elliott Wave 1 of Primary degree  
From 2007 to 2008 was Elliott Wave 2 of Primary degree
From 2008 to 2015 was Elliott Wave 3 of Primary degree
From 2015 to 2017 was Elliott Wave 4 of Primary degree
From 2017 onward should be doing Elliott Wave 5 of Primary degree
Elliott Wave uses 3 simple rules to define whether it follows ...
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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