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STI Analysis — the next peak and trough ? (90)
By ccloh Strategic Investor Zone  •  March 27, 2021
Continued from STI Analysis -- the next peak and trough ? (89)
This edition of the analysis shall focus solely on the positive scenario, STI -- ((3)) or ((5)) as there will be quite an amount of information needs to be documented.  This is similar to the negative scenario so putting all down in a single edition will make the post too lengthy.
STI -- ((3)) or ((5)) Before begin, there is some correction needed to make in the previous analysis (STI Analysis -- the next peak and trough ? (88) ).  In that analysis it was stated that the zigzag pattern from the rebound off 2,420.82 was the formation of a leading diagonal.  Unfortunately, the concept is wrong regarding the leading diagonal.  The correct concept for leading diagonal should be it appears in the 5th wave of the higher degree wave 1.  Take the example if the...
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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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