Keppel Land: Dead Cat Bounce Over!
Keppel Land seems completed the Dead Cat Bounce after rejected at the the previous support turned resistance (the neckline of Multiple Tops), 200D SMA and 50% Fibonacci Retracement Level. Keppel Land is clearly trading in a down trend channel and turning down after rejected at the channel resistance. Price target $2.80 which is the 150% FR level.
By Marubozu https://mystocksinvesting.com
Key Statistics for KPLD
|Current P/E Ratio (ttm)||6.9923|
|Relative P/E vs. FSSTI||0.5277|
|Earnings Per Share (SGD) (ttm)||0.5220|
|Est. EPS (SGD) (12/2013)||0.2590|
|Est. PEG Ratio||1.3939|
|Market Cap (M SGD)||5,642.58|
|Shares Outstanding (M)||1,545.91|
|30 Day Average Volume||2,567,200|
|Dividend Indicated Gross Yield||3.29%|
|Cash Dividend (SGD)||0.1200|
|5 Year Dividend Growth||-3.35%|
|Next Earnings Announcement||10/17/2013|