Technical Analysis
STI Analysis — the next peak and trough ? (92)
By ccloh Strategic Investor Zone  •  April 24, 2021
STI -- ((3)) or ((5)) (Postive Scenario) This wave count has not been invalidated but doubts remain regarding its validity.  All the doubts are shown in red in the above chart. STI -- ((Y)) or ((2)) or ((4)) (Negative Scenario) As mentioned in this scenario there ware 2 possible wave counts, labeled in Red and Magenta as shown in the above chart.  Despite STI hitting high of 3,221.85 on 7th Apr 2021, that unfortunately still yet to cause a rule violation in the wave count (Red labeled) that presently STI is in Primary wave 4 of Cycle wave (C) or SuperCycle correction which started in 2007.  The other wave count (Magenta labeled) does not have this restriction as it is in Cycle wave (B) of the SuperCycle correction which started in 2007....
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance