SIA Engineering broke the head and shoulders neckline ($4.90 or $4.70 depends on how you draw the neckline) and also the 200D SMA support with a spike in selling volume. Price target of this break down is minimum $4.35. Happy Shorting!
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Key Statistics for SIE
|Current P/E Ratio (ttm)||18.8912|
|Relative P/E vs. FSSTI||1.5243|
|Earnings Per Share (SGD) (ttm)||0.2435|
|Est. EPS (SGD) (03/2014)||0.2570|
|Est. PEG Ratio||4.0679|
|Market Cap (M SGD)||5,118.26|
|Shares Outstanding (M)||1,112.67|
|30 Day Average Volume||404,100|
|Dividend Indicated Gross Yield||4.78%|
|Cash Dividend (SGD)||0.1500|
|5 Year Dividend Growth||1.92%|
|Next Earnings Announcement||10/30/2013|