Archives for Elliott Wave Singapore Stock Market

Mapletree Industrial Trust Forecast (15-08-21)

OVERVIEW   For this week’s blog, we will look at our Mapletree Industrial Trust Forecast using the Elliott Wave Principle.   For those who are not not familiar with one of the most popular Singapore REITs, here a quick introduction.   Mapletree Industrial Trust (SGX : ME8U) a.k.a MIT is a Real Estate Investment Trust (REIT) listed on the Main Board of Singapore Exchange.   MIT’s primary investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore.   It also invests in income-producing real estate used primarily as “Data Centres”
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Raffles Medical Group Elliott Wave Chart Analysis (11-04-21)

OVERVIEW   Raffles Medical Group (BSL) was once considered the “Blue Chip” healthcare stock in Singapore.   Apparently, that was the “Previous” view a couple of years ago.   That was way before Raffles Medical Group decided to expand overseas.   And venture in the massive China markets.   When COVID hit our shores early last year, many investors are betting on this Healthcare stock to rise to the occasion.   Well, things did not quite turn out as expected, did it?   But at least for now BSL share prices seems to seeing some signs of a recovery.  
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Raffles Medical Group Elliott Wave Analysis ( 30-08-20 )

Overview   Country : Singapore Index : Straits Times Index (STI) Sector : Healthcare Ticker : SGX.BSL ( Raffles Medical Group Ltd )         Raffles Medical Group Elliott Wave Analysis ( Monthly Chart)       Let’s begin our overview of Raffles Medical Group Elliott Wave Analysis on the longer-term monthly charts.       Raffles Medical Group (RMG) share price seemingly completed its impulsive 5-way move on the 23rd of July 2015.       This comes in the form of a 1-2-3-4-5 rally in white.       Most Elliott Wave analysts should have no
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