City Development: Start of a New Up Trend?

Is City Development starting a new uptrend after rebounded from the 200D SMA support? Base on 20D and 50D SMA direction, it looks like City Development is starting a new bull round. Need to see whether $10.55 resistance turned support level can be hold to confirm the uptrend. This level is also the 61.8% Fibonacci Retracement Level if using $10.00 as 0% FR and $10.90 as 100% FR. Immediate resistance at $10.90 followed by $11.09.

2015April17-CITYDEV-800x600

There are many interesting chart patterns in City Development like Descending Triangle, Inverted Head and Shoulders, Rectangle, Channels, which can increase the winning probability. Want to learn how to increase your winning probability trades by using the reliable chart patterns? Check out  High Winning Probability Trading with Chart Patterns course here.

Current P/E Ratio (ttm) 12.7611
Estimated P/E(12/2015) 15.4506
Relative P/E vs. FSSTI 0.9005
Earnings Per Share (SGD) (ttm) 0.8330
Est. EPS (SGD) (12/2015) 0.6880
Est. PEG Ratio 1.5474
Market Cap (M SGD) 9,666.79
Shares Outstanding (M) 909.39
30 Day Average Volume 1,198,430
Price/Book (mrq) 1.1963
Price/Sale (ttm) 2.5680
Dividend Indicated Gross Yield 0.75%
Cash Dividend (SGD) 0.0400
Dividend Ex-Date 04/30/2015
5 Year Dividend Growth 9.86%
Next Earnings Announcement 05/14/2015

Gold ETF (GLD): Double Bottoms Rebound?

Original post by Marubozu from My Stocks Investing Journey

GLD is in the process of forming a Double Bottoms after rebounding from the support at about $109-$110 with an Inverted Hammer (with bullish confirmation). GLD is currently facing the previous neckline resistance ($115) of Inverted Head and Shoulders. There are a few more resistances ahead ($117 & $122) to clear to confirm the long term down trend reversal.

GLD Mar 20-2015

 

See previous analysis of SPDR Gold Shares (GLD) here.