Golden Agri: Finding Good Support

Golden Agri is finding good support at $0.57 in order to launch the uptrend if Golden Agri is able to break the $0.61 resistance with target price of $0.675 (161.8% FR).  Both 61.8% Fibonacci Retracement and Fibonacci Fans support are holding well.

2014Apr2-Golden Agri-800x600

See last Technical Analysis of Golden Agri here.

Current P/E Ratio (ttm) 19.0981
Estimated P/E(12/2014) 14.0637
Relative P/E vs. FSSTI 1.3696
Earnings Per Share (USD) (ttm) 0.0243
Est. EPS (USD) (12/2014) 0.0330
Est. PEG Ratio 3.7010
Market Cap (M SGD) 7,509.97
Shares Outstanding (M) 12,837.55
30 Day Average Volume 46,364,430
Price/Book (mrq) 0.6824
Price/Sale (ttm) 0.9037
Dividend Indicated Gross Yield 1.88%
Cash Dividend (SGD) 0.0052
Dividend Ex-Date 04/29/2014
5 Year Dividend Growth 0.46%
Next Earnings Announcement 05/12/2014

Apple (AAPL): Start Up Trend

AAPL has broken the $510 resistance and currently trading in an uptrend. An “Higher High, Higher Low” up trend channel has been formed. In addition, AAPL is following a Fibonacci Expansion pattern and probably heading toward the price target of $587 (161.8% Fibonacci Retracement Level). So far the 61.8% Fibonacci Fans is providing a good support.

Check previous AAPL’s fundamental analysis and Intrinsic Value here.

Check out here if you want to learn about Fundamental Analysis and how to calculate Intrinsic Value using Discounted Cash Flow (DCF) model.

AAPL Nov17-2013

Chart from thinkorswim, get FREE chart here.

SPDR Gold (GLD): Facing Resistance of the Rebound

Looks like the recent rebound of GLD is coming to an end as the ETF price is facing the Fibonacci Fan 38.2% resistance and the gap resistance at about $125. GLD has been rejected by this 38.2% Fibonacci Fan resistance for the past 2 occasions.

The current rebound has retraced back to 50% FR level (see Fibonacci Retracement in black line). Keep an eye on whether there is a reversal at this level else GLD will continue the down trend from now on.

See GLD previous analysis here.

GLD July20-2013