Recent Posts - My Stocks Investing

FIRST REIT: Consolidating in a Rectangle

Post author:Marubozu
Post published:November 23, 2014

FIRST REIT is currently trading sideway in a Rectangle chart pattern.

Fundamentally FIRST REIT looks great.
FIRST REIT Valuation overvalue. Price/NAV High = 1.7, Price/NAV = 1.05
Technically FIRST REIT on long term uptrend (200D SMA is still trending up) but in consolidating mode currently.
200D SMA support, Rectangle support and 61.8% Fibonacci Retracement support at $1.17. A good entry level if the support holds.

See Singapore REIT Fundamental Analysis comparison table here.

Gold is Cheap! Is it the right time to buy Gold?

Post author:Marubozu
Post published:November 10, 2014

Gold has dropped a lot and getting near to the 5 years low. Gold is getting very attractive at the current level for many gold lovers, and many investors are tempted to buy gold at this level. However, technically speaking base on the chart, there may be more down side coming after the Gold (GLD) has broken the significant support at $115. GLD is trading in a confirmed down trend.

Currently GLD is rebounding from the low of $109 but $115 will serve as a Support Turned Resistance. If GLD is unable to break this resistance, the price target will be $106 base on 161.8% Fibonacci Expansion.

Original Post by Marubozu My Stocks Investing Journey

Safe to Long Crude Oil? Check the USO (United States Oil Fund) Chart

Post author:Marubozu
Post published:November 7, 2014

Crude oil has reached 5 years low. Base on USO (United States Oil Fund) chart, the support is at about $29. There is a trading range of $10 ($29 to $39) base on the chart. Risk vs Rewards looks very attractive to long USO at current level.

Original Post by Marubozu My Stocks Investing Journey