ComfortDelgro: Bullish Abandoned Baby Reversal

ComfortDelgro rebounded from an uptrend support with Bullish Abandoned Baby (Morning Doji Star) Reversal Pattern.

ComfortDelgro July10-2015

Learn how to identify trend reversal using candlestick patterns, check out the Technical Analysis Hands on class here.

ComfortDelgro Fundamental Data

  • Last Done Price = $3.03
  • Market Cap = 6.49 B
  • EPS = $0.13234
  • PE Ratio (TTM) = 22.61
  • PE High (Last 5 Years) = 19.65
  • PE Low (Last 5 Years) = 12.57
  • P/B Ratio = 2.8634
  • Dividend Yield = 2.719%
  • ROA = 5.42%
  • ROE = 12.95%
  • Current Ratio = 0.985

Learn how to use Financial Ratio to analyse the stocks, check out the Fundamental Analysis class (hands on research) here.

Fundamentally ComfortDelgro seems average but over value. Technically there is a trading opportunity for a short term bullish trade but not for long term investment.

Noble Group: Bull is back!

All signs are showing Noble Group is going to start a bullish uptrend.

  • Noble Group has cleared the previous support turned resistance of Descending Triangle of $1.04.
  • Noble Group has cleared the 200D SMA resistance and trading above all the 3 Moving Averages.
  • Noble Group is trading in an uptrend channel.
  • Morning Doji Star (or Bullish Abandoned Baby) rebounded at up trend channel support and 100% FR support.
  • Noble Group is fitting the Fibonacci Retracement Level (0%, 61.8%, 100%, 161.8%) very nicely.
  • Noble Group will be heading towards 261.8% Fibonacci Retracement level at about $1.25 IF
    • Stay above $1.04 and this becomes a reliable support.
    • Clear $1.06 resistance (161.8% FR)
    • Uptrend still intact (higher high, higher low)

However, the whole bullish scenario will be void if Noble Group goes below $1.04 and the 200D SMA become resistance.

2013Nov6-Noble Group


Original analysis by Marubozu @ My Stocks Investing Journey.

WATCH OUT Earning release on Nov 12, 2013.

Key Statistics for NOBL

Current P/E Ratio (ttm) 23.5758
Estimated P/E(12/2013) 15.1685
Relative P/E vs. FSSTI 1.7251
Earnings Per Share (USD) (ttm) 0.0360
Est. EPS (USD) (12/2013) 0.0560
Est. PEG Ratio 1.0112
Market Cap (M SGD) 6,991.81
Shares Outstanding (M) 6,627.31
30 Day Average Volume 26,622,270
Price/Book (mrq) 1.0964
Price/Sale (ttm) 0.0578
Dividend Indicated Gross Yield 2.13%
Cash Dividend (USD) 0.0181
Dividend Ex-Date 05/14/2013
5 Year Dividend Growth 0.53%
Next Earnings Announcement 11/12/2013

STI Week Ahead: Watch Out for Continous Sell Down!

STI has broken the 50D MA support today on the daily candle and also broke the 5W EMA support on weekly candle. The index is just sitting on top of 2,720 support. Breaking this support will send STI to 2,600 level. However, STI may start rebounding from this level depends on how US market close on the Friday. If Friday closes with bearish candle, next week will probably have more sell off.