ST Engineering: Trend Reversal

ST Engineering has broken out from the Down Trend line resistance and is showing sign of reversal pattern. Currently ST Engineering has moved above all the 3 Moving Averages but rejected at the previous support turned resistance at about $3.83. Base on the previous chart pattern, 50D SMA seems to be a reliable support and resistance when ST Engineering is trending. Wait for the pull back to 50D SMA and watch for reversal candlestick for Long position.

2015April25-ST Engg-800x600

Original post by Marubozu My Stocks Investing Journey.

Current P/E Ratio (ttm) 22.0985
Estimated P/E(12/2015) 20.6011
Relative P/E vs. FSSTI 1.5647
Earnings Per Share (SGD) (ttm) 0.1706
Est. EPS (SGD) (12/2015) 0.1830
Est. PEG Ratio 5.4213
Market Cap (M SGD) 11,723.04
Shares Outstanding (M) 3,109.56
30 Day Average Volume 3,576,230
Price/Book (mrq) 5.5130
Price/Sale (ttm) 1.7979
Dividend Indicated Gross Yield 2.12%
Cash Dividend (SGD) 0.0700
Dividend Ex-Date 04/27/2015
5 Year Dividend Growth 0.82%
Next Earnings Announcement 05/13/2015

ST Engineering: Respect the 50D SMA

ST Engineering is currently trading in down trend and in short term consolidation. More down side expected in the coming days or weeks as ST Engineering was rejected at $3.83 support turned resistance (green) and also the 50D SMA resistance (blue). 50D SMA is rather reliable as support & resistance for ST Engineering when the stock is trending. The price target of the Symmetrical Triangle breakout is still valid. See previous stock chart  analysis for ST Engineering here.

2014Mar1-ST Engg-800x600

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