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Genting Analysis (2)
By ccloh Strategic Investor Zone  •  October 14, 2018
Continued from Genting Analysis Price finally breakdown at $1.00, something that should not be surprising.  Before getting into the correction detail, Supercycle Elliott wave count is being analyzed using the following criteria. 1. Supercycle degree corrective wave shall occur in economic recession 2. Supercycle and Cycle degree corrective wave can occur in server weakness  in company or industry fundamental
Wave Count 1 (Black)
Supercycle Wave ((1)) peaked in 2002 and Supercycle Wave ((2)) ended in 2003 due to SARS and economic recession.  Supercycle Wave ((3)) peaked in 2007 and Wave ((4)) ended in 2009 due to 2008 GFC.  This wave count is invalid as Wave ((4)) overlaps Wave ((1)).
Wave Count 2 (Red)
Supercycle Wave ((3)) peaked in 2002 and Supercycle Wave ((4)) ended in 2003 due to SARS and economic recession.  Supercycle Wave ((5)) ended in 2007 and Supercycle Wave ((C)) end in 2009 ...
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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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