ST Engineering: Trend Reversal

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ST Engineering has broken out from the Down Trend line resistance and is showing sign of reversal pattern. Currently ST Engineering has moved above all the 3 Moving Averages but rejected at the previous support turned resistance at about $3.83. Base on the previous chart pattern, 50D SMA seems to be a reliable support and resistance when ST Engineering is trending. Wait for the pull back to 50D SMA and watch for reversal candlestick for Long position.

2015April25-ST Engg-800x600

Original post by Marubozu My Stocks Investing Journey.

Current P/E Ratio (ttm) 22.0985
Estimated P/E(12/2015) 20.6011
Relative P/E vs. FSSTI 1.5647
Earnings Per Share (SGD) (ttm) 0.1706
Est. EPS (SGD) (12/2015) 0.1830
Est. PEG Ratio 5.4213
Market Cap (M SGD) 11,723.04
Shares Outstanding (M) 3,109.56
30 Day Average Volume 3,576,230
Price/Book (mrq) 5.5130
Price/Sale (ttm) 1.7979
Dividend Indicated Gross Yield 2.12%
Cash Dividend (SGD) 0.0700
Dividend Ex-Date 04/27/2015
5 Year Dividend Growth 0.82%
Next Earnings Announcement 05/13/2015
Continue ReadingST Engineering: Trend Reversal

ST Engineering: Respect the 50D SMA

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ST Engineering is currently trading in down trend and in short term consolidation. More down side expected in the coming days or weeks as ST Engineering was rejected at $3.83 support turned resistance (green) and also the 50D SMA resistance (blue). 50D SMA is rather reliable as support & resistance for ST Engineering when the stock is trending. The price target of the Symmetrical Triangle breakout is still valid. See previous stock chart  analysis for ST Engineering here.

2014Mar1-ST Engg-800x600

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Continue ReadingST Engineering: Respect the 50D SMA