Follow My Trades at TradeHero @marubozu1688

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You can see my portfolio at TradeHero. You also can see my instant comments on the potential trade. Only my followers can see the exact trade detail on the entry price, exit price and stop loss.

 

 

 

 

 

 
Disclaimer: I am NOT a Stock Guru, I am NOT a certified Financial Advisor, I am NOT a registered Stock Broker. Whatever information I share is for my personal usage base on my personal Fundamental & Technical Analysis, understanding of Global economy and My Trading Rules. In NO WAY I am making any Buy or Sell recommendation on any stocks to anyone. I will not be liable for your loss and profit if you use those information to trade. You have to do your own research & homework before making any investing or trading decision. You must know what you are doing.
 

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Sorry for making the above serious disclaimer because I encounter many people who like to blame when they lose money but do NOT want to take own responsibility. I did not point my gun to them to ask them to make buy sell decision. I don’t receive any commission when they buy or sell certain stocks and I don’t get any single cent when they make money. So, learn how to take full responsibility first before learn how to trade. Once the traders are in the trade, they are on their own and only traders themselves can help themselves.

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Continue ReadingFollow My Trades at TradeHero @marubozu1688

Yangzijiang: Breakout!

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Yangzijiang breakout from a few key resistances:

  • Neckline of Inverted Head and Shoulders @$0.97
  • $1.00 psychological resistance
  • 200D SMA @ $1.00
  • 61.8% Fibonacci Retracement @ $1.00

This $1.00 is a very significant resistance for Yangzijiang. However the stock is rejected at $1.147 with long upper shadow indicates potential reversal. Anyway it is too late to chase the stock price, it is safer to wait for the retracement to test the $1.00 resistance turned support level.

By the way, it is not really a big surprise that big cap China stocks breakout and reverse to the uptrend. Those breakout are supported by the Fundamental of China Economy. Read my previous post of China Big Cap ETF (FXI) here.

Key Statistics for YZJ

Current P/E Ratio (ttm) 5.6940
Estimated P/E(12/2012) 6.1062
Relative P/E vs. FSSTI 0.4648
Earnings Per Share (CNY) (ttm) 0.9937
Est. EPS (CNY) (12/2012) 0.9270
Est. PEG Ratio –
Market Cap (M SGD) 4,272.77
Shares Outstanding (M) 3,832.08
30 Day Average Volume 14,463,500
Price/Book (mrq) 1.4746
Price/Sale (ttm) 1.3167
Dividend Indicated Gross Yield 4.93%
Cash Dividend (SGD) 0.0550
Last Dividend 05/17/2012
5 Year Dividend Growth –
Next Earnings Announcement 02/26/2013
Continue ReadingYangzijiang: Breakout!