Recent Posts - My Stocks Investing

Goldmand Sachs (GS): At Critical Support

Post author:Marubozu
Post published:March 29, 2014

Goldmand Sachs (GS) is currently At Critical Support with a Doji candle, indicates a pause in the recent sell down. If this support holds and there is a reversal candle, there is an opportunity of a Bullish trade with price target of $170 (next immediate resistance) and $175 (a significant resistance). If this support is broken, the sell off will continue. Next immediate support at $160 followed by a significant support at about $157.

Original Post by Marubozu @ My Stocks Investing Journey.

Gold ETF (GLD): Is it a Good Time to Invest in Gold Now?

Post author:Marubozu
Post published:March 29, 2014

Base on the long term chart pattern, GLD has found a Double Bottoms at $115 and also broke the descending trend line resistance (Green line). Thus, it can be concluded that the down trend has stopped for the time being and GLD is currently in the sideway consolidation.

Original Post by Marubozu @ My Stocks Investing Journey.

Base on short term chart, GLD is currently retracing after finding a recent top of $133.71. Base on the Fibonacci Retracement Level and Fibonacci Fans, GLD should be finding a support between $124 to $125. If this support holds, this will be a formation of Lower High with price target $145 (161.8% FR) –> Up Trend pattern.

DBS Bank: Shooting Star @ Support Turned Resistance

Post author:Marubozu
Post published:March 25, 2014

DBS Bank is showing a Shooting Star at the Support Turned Resistance at $16.14. Wait for the next candle to confirm the reversal. A good trading opportunity but need to get out before the XD date and earning release.

See previous analysis on DBS bank here. The symmetrical triangle breakout pattern with price target still valid.

Current P/E Ratio (ttm)	10.6411
Estimated P/E(12/2014)	10.4224
Relative P/E vs. FSSTI	0.7865
Earnings Per Share (SGD) (ttm)	1.5074
Est. EPS (SGD) (12/2014)	1.5390
Est. PEG Ratio	4.6322
Market Cap (M SGD)	39,241.67
Shares Outstanding (M)	2,446.49
30 Day Average Volume	4,446,067
Price/Book (mrq)	1.1732
Price/Sale (ttm)	3.3377
Dividend Indicated Gross Yield	3.62%
Cash Dividend (SGD)	0.3000
Dividend Ex-Date	05/12/2014
5 Year Dividend Growth	-4.08%
Next Earnings Announcement	04/30/2014