OCBC Bank has broken $10.50 resistance recently. This $10.50 resistance is also the Ascending Triangle resistance. If this is a real breakout, price target for OCBC Bank is about $11.10. Take note that there is no spike in volume to support this breakout. Is this a successful breakout or a false breakout? We will only know the answer after the earning release on Feb 11.
Original post by Marubozu from My Stocks Investing Journey.
|Current P/E Ratio (ttm)||10.1169|
|Relative P/E vs. FSSTI||0.6783|
|Earnings Per Share (SGD) (ttm)||1.0438|
|Est. EPS (SGD) (12/2014)||0.9440|
|Est. PEG Ratio||1.1150|
|Market Cap (M SGD)||42,065.89|
|Shares Outstanding (M)||3,983.51|
|30 Day Average Volume||4,300,717|
|Dividend Indicated Gross Yield||3.22%|
|Cash Dividend (SGD)||0.1750|
|5 Year Dividend Growth||4.56%|
|Next Earnings Announcement||02/11/2015|