Starhub: Expecting Big Move Soon?

Starhub has been in a Descending Triangle consolidation for about 2 months. The trading range is become narrower and the stock price is getting near to the apex of the triangle. Currently Starhub is trading below the 200D SMA resistance which has started to trend down (a bearish signal). Base on the chart pattern, there are tons of resistances (20D, 50D, 200D, Triangle resistance, 61.8% FR) on the current Starhub price. Starhub has high probability of breaking down from the Descending Triangle (neckline at $4.16) with the price target of $4.00. If $4.00 neckline support is broken, the price target the Head & Shoulders chart pattern is $3.60.

2014Feb14-StarHub-800x600

Original post by Marubozu from My Stocks Investing Journey.

Starhub Fundamental Data

Current P/E Ratio (ttm) 19.3503
Estimated P/E(12/2014) 18.7838
Relative P/E vs. FSSTI 1.5094
Earnings Per Share (SGD) (ttm) 0.2155
Est. EPS (SGD) (12/2014) 0.2220
Est. PEG Ratio 3.9503
Market Cap (M SGD) 7,176.74
Shares Outstanding (M) 1,721.04
30 Day Average Volume 1,376,467
Price/Book (mrq) 87.4236
Price/Sale (ttm) 3.0630
Dividend Indicated Gross Yield 4.80%
Cash Dividend (SGD) 0.0500
Dividend Ex-Date
5 Year Dividend Growth 2.13%
Next Earnings Announcement 05/09/2014