Green Mountain Coffee Roasters Inc. (GMCR) Trade Idea

  • Post author:

Chart Pattern: GMCR is forming a Triple Tops with resistance at about $81.70.

Trading Strategy: Short Call Spread 80/82.5

  • STO GMCR Sept 13 80 Call
  • BTO GMCR Sept 13 82.5 Call
  • If break $81.70 resistance and move above $82.5, BTC GMCR Sept 13 80 Call to repair (1 month before expiry), else close both positions.
  • If break uptrend support (about $74.00), short by BTO GMCR Oct 13 72.5 Put.
  • If break Triple Tops Neckline at $67.35, may consider to Long another Put option to continue shorting. Price target $60.00 (Gap Support & 38.2% Fibonacci Retracement Level)

GMCR Chart

GMCR Aug7-2013

 

GMCR Fundamental

GMCR Fundamental Aug7-2013

Chart from thinkorswim, get FREE chart here.

Original post by Marubozu from My Stocks Investing Journey.

 

Continue ReadingGreen Mountain Coffee Roasters Inc. (GMCR) Trade Idea

Schlumberger Limited (SLB) Trade Idea

  • Post author:

Trading Strategy: Short Call Spread 82.5/85

  • Direction: Bearish (Rejected at Up Trend Channel Resistance)
  • STO SLB Sept 13 82.5 Call
  • BTO SLB Sept 13 85 Call
  • If  the up trend channel resistance (about $85) is broken, close short leg if more than 1 month before expiry, to repair the trade (but need to analyse the potential risk of incurring more losses).
  • Entry Price: $82.83
  • Breakeven Price: $83.58
  • Max Profit: $540
  • Max Loss: $710
  • Reward vs Risk: 0.76
  • Probability Price Below Breakeven: 67%

SLB Chart

Daily Chart

SLB Aug7-2013

Weekly Chart

SLB Weekly Aug7-2013

 

SLB   Fundamental

SLB Fundamental Aug 7 2013
Chart from thinkorswim, get FREE chart here.

Original post by Marubozu from My Stocks Investing Journey.

 

Continue ReadingSchlumberger Limited (SLB) Trade Idea

Keppel Land: Dead Cat Bounce Over!

  • Post author:

Keppel Land seems completed the Dead Cat Bounce after rejected at the the previous support turned resistance (the neckline of Multiple Tops), 200D SMA and 50% Fibonacci Retracement Level. Keppel Land is clearly trading in a down trend channel and turning down after rejected at the channel resistance. Price target $2.80 which is the 150% FR level.

2013Aug6-KepLand-800x600

By Marubozu https://mystocksinvesting.com

Key Statistics for KPLD

Current P/E Ratio (ttm) 6.9923
Estimated P/E(12/2013) 14.0927
Relative P/E vs. FSSTI 0.5277
Earnings Per Share (SGD) (ttm) 0.5220
Est. EPS (SGD) (12/2013) 0.2590
Est. PEG Ratio 1.3939
Market Cap (M SGD) 5,642.58
Shares Outstanding (M) 1,545.91
30 Day Average Volume 2,567,200
Price/Book (mrq) 0.8995
Price/Sale (ttm) 4.7384
Dividend Indicated Gross Yield 3.29%
Cash Dividend (SGD) 0.1200
Last Dividend 04/23/2013
5 Year Dividend Growth -3.35%
Next Earnings Announcement 10/17/2013

Continue ReadingKeppel Land: Dead Cat Bounce Over!