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Can 2016 Stock Markets Crash Like 2008?
Many people have predicted 2016 stock markets may crash. See the two reports below;
- Paul B Farrell wrote about “Countdown to the stock-market Crash of 2016 is ticking louder” in May 17, 2015.
- “One of the worlds most respected investors predicts 2016 stockcrash”, Jeremy Grantham thinks US stocks could crash next year.
However, some think otherwise as those who want to sell have already sold. So where come the crash?
How will SBS Transit Stock Be in 2016?
SBS Transit stock has been on an uptrend from 2014, if you will connect the valleys; it is an up slopping move so far. Can the trend continue? Will, there is always three possibilities. 1) up, 2) down or 3) sideways. You will not lost any when you do not trade at all. On the other hand, it is true too you may win, win a big time when you trade and trade right. Let’s look left and see what had happened in 2015.
SBS Transit stock has been choppy for 2015, although it ended 40 cents higher than its opening price at the beginning of the year. It had been a bearish market for the most of the stocks at Singapore Stock Exchange. Therefore, SBS Transit can consider a reasonable good stock if you will buy at the start of the year and sell at December 4. Of course you will even happier when you were able to buy at the low of 2015, August 24 at the low, $1.53.
The stock went through a rapid uptrend first, followed by a downtrend, and finally ended with an uptrend again. It was not an easy and straight forward ride on a following the trend type trading. How many of you were able to ride through this wave till the end?
SBS Transit Stock 2014 – 2015 Chart
December 31, 2015 SBS Transit Limited
2016 Trading Plan for SBS Transit Stock
Is it true the stock had completed A, B, C waves of ABCD chart pattern? Assume the high of 2015 is the peak, C, the turning point, so the price may come down to 1.65 in 2016 before bounce back up.
Otherwise, the sky can be the limited, as transportation has been a hot topic for Singapore for the next few years. Either it will send the stock lower or the company could be riding the country policy change. Remember, transportation has begun the restructure and has now been opened up to allow foreign companies to bid and operate. These are just some of the fundamental factors may affect the company stock performance.
Keep an open mind, and open your eyes and trade.
Be careful, the market cycle is getting shorter and more volatile. Remember to take profit and cut lost if the market turns against you.
ABCD Chart Pattern – SBS Transit Limited S61.SI
December 31, 2015 SBS Transit Limited ABCD Chart Pattern
How to Trade?
Sell high and buy low. How to sell high? Sell when the price has hit the ceiling and cannot go any higher. Buy when the price has hit the floor and cannot go any lower.
Moses Stocks Analysis and Scan
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