https://www.youtube.com/watch?v=zf26u-2I1yE
very interesting and scientific
made me want to panic buy now
he used 2 indicators
ATR and Williams R
ATR has to be more than 80%, Williams R below 80%
When stocks crash, the range is always wide
ATR 80% means range is wide
Williams R shows when shares oversold
Below 80% means oversold
when these 2 coincides, we are close to bottom
remember stock market is always leading indicator
it is not the economy
usually stock market becomes bullish 6-9 mths before the economy recovers
This is the current situation above
I am thinking of adding DBS @ 18, and Capitamall @ around 1.55
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