Using SGX as an example below:
This method of analysis is not a professional technical analysis but a basic analysis on the low period of this stock. However, this method may not be applicable for every stocks.
The pattern i noticed about SGX is the price is normally at its lowest in May. So if you wanna buy SGX, you can wait till May to see if the price drops to a satisfactory level.
Same method can be used to analyse the highest price period too which i see is probably in November period before issuing out their dividends.
I was just looking at this recently as well. But from the opposite perspective. The best sell point tends to be late sept / early oct, which is NOW. This is a great hedge to any portfolio as valuations are rich and volumes are structurally lower.
ReplyDeleteYup that's what i did! I sold my SGX before the XD. Thanks for viewing :)
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