Genting Singapore rebounded nicely from the 20D SMA support and continue the uptrend in the channel. So far 20D SMA proved to be a good support. 2/5 EMA still on bullish signal on both daily and weekly chart. Expect Genting Singapore to reach $1.63 (previous high) followed by all Fibonacci Retracement levels. Alternate scenario: uptrend will be broken if Genting Singapore trades below $1.50.
Yanlord has been on bull trend for the past few months but it is time to take profit or reverse to short the stock after a Head and Shoulders, a reversal chart pattern is formed. Also take note that a “Lower Low, Lower High” down trend pattern started to show on Yanlord chart. Neckline support is at about $1.52.
Also take note that a Bullish Engulfing candlesticks was formed at the support indicate a possible rebound on next trading session. This presents good opportunity to short Yanlord on rebound.
| Current P/E Ratio (ttm) | 6.3179 |
|---|---|
| Estimated P/E(12/2012) | 14.8328 |
| Relative P/E vs. FSSTI | 0.6036 |
| Earnings Per Share (CNY) (ttm) | 1.2322 |
| Est. EPS (CNY) (12/2012) | 0.5250 |
| Est. PEG Ratio | 1.3363 |
| Market Cap (M SGD) | 3,010.80 |
| Shares Outstanding (M) | 1,948.74 |
| 30 Day Average Volume | 4,685,900 |
| Price/Book (mrq) | 0.9669 |
| Price/Sale (ttm) | 1.4602 |
| Dividend Indicated Gross Yield | -% |
| Cash Dividend (SGD) | – |
| Last Dividend | 05/16/2012 |
| 5 Year Dividend Growth | – |
| Next Earnings Announcement | 02/28/2013 |
SembMarine is trading within a big Falling Wedge. The stock had a gap down last trading session after the quarterly earning and was trading below all the 3 Moving Averages. Base on the chart pattern, SembMarine has a good swing trade opportunity by shorting from the Wedge resistance to the wedge support. The stock may stage a rebound on next session after forming an Inverted Hammer candle and rebound of US Stock Market on Friday. Target to short on the rebound when hit $4.70 level (200D SMA resistance)
