Technical Analysis
STI Analysis — the next peak and trough ? (38)
By ccloh Strategic Investor Zone  •  January 15, 2019
Continued from STI Analysis -- the next peak and trough ? (37) Most would say the correction that peg STI for almost whole of 2018 has ended at 2955.68 now.  Well, technically, STI still waiting to breakout from 3338 level to confirm that but from Elliott wave analysis perspective, early signals could be pick from here and there to affirm that before the confirmation. The only way to qualify that is to analyze the wave count from both the top-down and bottom-up approach and if both converge, there is no reason not to qualify the case.  Have done this analysis last year before and with new levels and development, going to re-do to ensure the convergence.  What going to use this time is slightly different from last time.  Previously, was using the Elliott wave basic model of w1 : w3 : w5 = 1 : 1.618 : 1 but now will be...
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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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