Singapore Exchange (SGX): on Down Trend Channel

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Singapore Exchange (SGX) is currently trading within a down trend channel after breaking out from Head and Shoulder pattern. Current SGX has reached the breakout price target and also trading near the down trend support level & 38.2% Fibonacci Retracement Level. SGX may rebound from here after forming an inverted hammer candlestick pattern. Immediate resistance is at about $6.70 which is the down trend channel resistance and 20D SMA.

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How Money is Created?

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Stock Market is all about money. It is important to know how money & debt are created before entering this evil stock market game…. AND how stock market can be manipulated! The professional always make money from the newbies who are financial ignorant.

A very good set education videos regarding money, interest rate, debt, inflation, etc.

 

Part 1 

Part 2

 

Part 3

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Keppel Corp: Rebounding?

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Keppel Corp seems like rebounding from the uptrend support with Three Inside Up candlestick pattern. RSI is oversold. Fundamentally PE is not demanding at current price level. Opportunity for bullish trade with price target of $10.58 (61.8% FR) followed by $10.90 (200D SMA resistance).

 

Key Statistics for KEP

Current P/E Ratio (ttm) 8.1423
Estimated P/E(12/2012) 9.7170
Relative P/E vs.FSSTI 0.7057
Earnings Per Share (SGD) (ttm) 1.2650
Est. EPS (SGD) (12/2012) 1.0600
Est. PEG Ratio 1.0545
Market Cap (M SGD) 18,510.93
Shares Outstanding (M) 1,797.18
30 Day Average Volume 4,329,467
Price/Book (mrq) 2.1394
Price/Sale (ttm) 1.3742
Dividend Indicated Gross Yield 4.27%
Cash Dividend (SGD) 0.1800
Last Dividend 07/25/2012
5 Year Dividend Growth 25.92%
Next Earnings Announcement 01/25/2013
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