Capitaland: Dead Cat Bounce Finished?

Capitaland was rejected at 50D SMA resistance with a Doji Bearish Engulfing. This resistance ($2.93) is the previous support turned resistance and also the Down Trend Channel Resistance. It looks like Capitaland will continue the down trend from here onwards. Technically Capitaland is on the down trend when 20D, 50D and 200D are all sloping down.

See other post for Capitaland fundamental data comparison with other property counters here.

2014Feb14-Capitaland-800x600

KepCorp: Short Term Bearish

KepCorp rejected at the support turned resistance (uptrend line started from Dec 2011 & horizontal line at about 61.8% FR level) with a bearish closing Marubozu candle after Bearish Engulfing candles. KepCorp may be forming a Head and Shoulder pattern and reverse to a bearish trend.

Critical Support at $10.94 (50% FR & previous resistance turned support).

Critical Resistance at about $11.17-$11.22.

2014Jan5-KepCorp-800x600

Original post by Marubozu @ My Stocks Investing Journey.

Current P/E Ratio (ttm) 11.1640
Estimated P/E(12/2013) 13.1310
Relative P/E vs. FSSTI 0.8368
Earnings Per Share (SGD) (ttm) 0.9880
Est. EPS (SGD) (12/2013) 0.8400
Est. PEG Ratio
Market Cap (M SGD) 19,941.65
Shares Outstanding (M) 1,807.95
30 Day Average Volume 3,092,467
Price/Book (mrq) 2.2132
Price/Sale (ttm) 1.6876
Dividend Indicated Gross Yield 3.35%
Cash Dividend (SGD) 0.1000
Dividend Ex-Date 07/25/2013
5 Year Dividend Growth -10.02%
Next Earnings Announcement 01/24/2014

Caterpillar (CAT) Trade Idea

Unable to enter any trade base on last trade idea on Caterpillar as CAT did not reach my target entry price. Fortunately the chart presented me another entry level few days ago. This time is a bearish entry when CAT was rejected at 200D SMA resistance and also the Symmetrical Triangle resistance. In addition, the candlestick patterns were shouting LOUD and CLEAR at me with Shooting Star and Bearish Engulfing patterns.

CAT Aug17-2013

Trading Strategy: Short Call Spread Sept 13 85/90

  • Direction: Bearish (Rejected at Symmetrical Triangle Resistance and 200D SMA resistance)
  • STO CAT Sept 13 85 Call
  • BTO CAT Sept 13 90 Call
  • If  the  resistance (about $87) is broken, close both legs to cut loss.
  • Entry Price: $86.22
  • Breakeven Price: $87.01
  • Max Profit: $603
  • Max Loss: $897
  • Reward vs Risk: 0.67
  • Probability Price Below Breakeven: 65%
  • Exit Target: CAT price near to the Symmetrical Triangle support about $81-$82 region

Chart from thinkorswim, get FREE chart here.