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City Development: Hitting Resistance at $11.30

  • Post author:Marubozu
  • Post published:July 8, 2012

City Development (CDL) is hitting a tough resistance at about $11.30. This level was the previous Triple Tops resistance. Base on past two candlestick of spinning top and doji, the upside has stalled. Now need to watch for 2/5 EMA crossover on both daily and weekly chart to confirm whether CDL starts the correction.

 

Continue ReadingCity Development: Hitting Resistance at $11.30

OCBC Bank: Hitting Resistance at $9.00

  • Post author:Marubozu
  • Post published:July 8, 2012

OCBC Bank is hitting a tough resistance at about $9.00. This level was the previous Triple Tops and also support turned resistance level. Current chart pattern represents a shorting opportunity and ”just need to watch for the bear to wake up.

Continue ReadingOCBC Bank: Hitting Resistance at $9.00

Global Stock Market Indices PE Ratio At a Glance – 5 July 2012

  • Post author:Marubozu
  • Post published:July 5, 2012

Market Indices PE Ratio for Major Stock Exchange globally.

  • US: Dow Jones Industrial, S&P500, NASDAQ, Russel 2000
  • Europe: FTSE100, CAC40, DAX
  • Asia: KLCI, STI, HangSeng, ASX200, CSI 300, JCI, SET, KOPSI, NIKKEI 225

 

June 2012 Stock Market Indices PE Ratio.

Continue ReadingGlobal Stock Market Indices PE Ratio At a Glance – 5 July 2012
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