Technical Analysis
STI Analysis — the next peak and trough ? (84)
By ccloh Strategic Investor Zone  •  January 27, 2021
Continued from STI Analysis -- the next peak and trough ? (83) STI-N CAUTION !!! that the keyword for this edition of the STI analysis.  As shown from the above chart, the peak of 3,017.15 on 21st Jan 2021 could be the end of Primary wave 4 of Cycle wave (C) of SuperCycle wave ((2)). Looking from the perspective of the time frame, Intermediate wave ((a)) took 53 days, Intermediate wave ((b)) took 100 days (longer due to the fact it was a triangle pattern) and if taking the peak of 3,017.15 to be end of Intermediate wave ((c)), that would be 57 days.  The duration is ripe for Primary wave 4 to end.  Normally, very few would know the exact peak and it is only it has fallen to such a depth that people finally realized that was the peak....
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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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