BEFORE & AFTER          RAFFLES MEDICAL GROUP ELLIOTT WAVE CHART ANALYSIS   Based on our blog’s Raffles Medical Group Elliott Wave Chart Analysis.   There is high probability that we might be lower degree 5th wave ending diagonal that is about to complete the higher degree Wave 1.   The short term upside potential might be “Limited” as we are expected a larger corrective structure to start forming around the 3rd quarter perhaps around  August 2023.   Do take note.   Trade Safe and never risk more than 1% to 2% of your account equity on
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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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