China Fishery: Trading within an Up Trend Channel

  • Post author:

China Fishery is currently trading within an up trend channel.  $0.665 is a critical support to ensure a continual up trend whereby $0.665 is uptrend channel support, 20D SMA, 61.8% Fibonacci Retracement Level and also precious resistance turned support.

Key Statistics for CFG

Current P/E Ratio (ttm) 8.3391
Estimated P/E(09/2012) 4.6109
Relative P/E vs. FSSTI 0.8048
Earnings Per Share (USD) (ttm) 0.0664
Est. EPS (USD) (09/2012) 0.1200
Est. PEG Ratio
Market Cap (M SGD) 700.88
Shares Outstanding (M) 1,023.18
30 Day Average Volume 2,660,733
Price/Book (mrq) 0.6833
Price/Sale (ttm) 0.9660
Dividend Indicated Gross Yield 2.77%
Cash Dividend (SGD) 0.0190
Last Dividend 02/14/2013
5 Year Dividend Growth -13.83%
Next Earnings Announcement 05/10/2013
Continue Reading China Fishery: Trading within an Up Trend Channel

China Fishery Continues to Trade in A Down Trend Channel

  • Post author:

China Fishery is currently trading in a down trend channel. As long as China Fish stay below the $1.20 – $1.25 resistances (20D MA, 50D MA and 38.2% Fibonacci Retracement Level), the stock will be heading toward $0.92 (the next 23.6% FR).

Continue Reading China Fishery Continues to Trade in A Down Trend Channel

China Fishery: Down Trend Has Started

  • Post author:

China Fishery has started the down trend after the stock price was unable to break above the previouos uptrend support turned resistance level. ChinaFish is also showing a “Lower Low, Lower High” down trend chart pattern. Next support is $1.75 followed by $1.625 which is the 61.8% Fibonacci Support.

Continue Reading China Fishery: Down Trend Has Started