SingPost: Amazingly hitting 261.8% Fibonacci Retracement Level

  • Post author:

Amazingly seeing SingPost hit the 261.8% Fibonacci Retracement Level after re-plotting the chart after 1 year +. See last chart for SingPost here. Currently SingPost is just sitting above the 200D SMA support.

SingPost April25-2015

  • 0% FR: $0.925
  • 100% FR: $1.395
  • 61.8% FR: $1.215
  • 161.8% FR: $1.685
  • 261.8% FR: $2.155

 

Current P/E Ratio (ttm) 28.8996
Estimated P/E(03/2015) 26.3699
Relative P/E vs. FSSTI 2.0463
Earnings Per Share (SGD) (ttm) 0.0666
Est. EPS (SGD) (03/2015) 0.0730
Est. PEG Ratio 2.3821
Market Cap (M SGD) 4,132.76
Shares Outstanding (M) 2,146.89
30 Day Average Volume 5,382,967
Price/Book (mrq) 6.0138
Price/Sale (ttm) 4.8840
Dividend Indicated Gross Yield 3.25%
Cash Dividend (SGD) 0.0125
Dividend Ex-Date 02/13/2015
5 Year Dividend Growth 0.00%
Next Earnings Announcement 05/15/2015
Continue ReadingSingPost: Amazingly hitting 261.8% Fibonacci Retracement Level

Noble Group: Bull is back!

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All signs are showing Noble Group is going to start a bullish uptrend.

  • Noble Group has cleared the previous support turned resistance of Descending Triangle of $1.04.
  • Noble Group has cleared the 200D SMA resistance and trading above all the 3 Moving Averages.
  • Noble Group is trading in an uptrend channel.
  • Morning Doji Star (or Bullish Abandoned Baby) rebounded at up trend channel support and 100% FR support.
  • Noble Group is fitting the Fibonacci Retracement Level (0%, 61.8%, 100%, 161.8%) very nicely.
  • Noble Group will be heading towards 261.8% Fibonacci Retracement level at about $1.25 IF
    • Stay above $1.04 and this becomes a reliable support.
    • Clear $1.06 resistance (161.8% FR)
    • Uptrend still intact (higher high, higher low)

However, the whole bullish scenario will be void if Noble Group goes below $1.04 and the 200D SMA become resistance.

2013Nov6-Noble Group

 

Original analysis by Marubozu @ My Stocks Investing Journey.

WATCH OUT Earning release on Nov 12, 2013.

Key Statistics for NOBL

Current P/E Ratio (ttm) 23.5758
Estimated P/E(12/2013) 15.1685
Relative P/E vs. FSSTI 1.7251
Earnings Per Share (USD) (ttm) 0.0360
Est. EPS (USD) (12/2013) 0.0560
Est. PEG Ratio 1.0112
Market Cap (M SGD) 6,991.81
Shares Outstanding (M) 6,627.31
30 Day Average Volume 26,622,270
Price/Book (mrq) 1.0964
Price/Sale (ttm) 0.0578
Dividend Indicated Gross Yield 2.13%
Cash Dividend (USD) 0.0181
Dividend Ex-Date 05/14/2013
5 Year Dividend Growth 0.53%
Next Earnings Announcement 11/12/2013
Continue ReadingNoble Group: Bull is back!

Apple (AAPL) Trade Idea

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Chart Pattern: AAPL breakout from Inverted Head and Shoulders with neckline about $460. AAPL also broke the 200D SMA resistance and technically entered into bullish trend. The stock also retraced to retest the neckline support to confirm this is a successful breakout.

Trading Strategy: Short Put Spread.

  • Target Entry zone:
    • Scenario 1: $470-$480 when AAPL retraces back to Fibonacci Fan support. Currently AAPL is facing the 261.8% Fibonacci Resistance.
    • Scenario 2: If AAPL breakouts from current Bull Pennant / Bull Flag (above $510)
  • Scenario 1
    • STO AAPL Oct 13 480 Put
    • BTO AAPL Oct 13 470 Put
  • Scenario 2
    • STO AAPL Oct 13 510 Put
    • BTO AAPL Oct 13 500 Put
  • Minimum Price Target : $530 (Inverted Head and Shoulders Breakout Target)

AAPL Chart

AAPL Aug23-2013

 

 

AAPL Fundamental

AAPL Fundamental Aug23-2013

AAPL Intrinsic Value

  • Operating Cash Flow = $52,894 Million
  • No of Shares outstanding = 908.5 Million
  • Beta = 0.98
  • Discount Rate = 6%
  • No Growth (0% for next 10 years), IV = $443
  • Conservative Growth (5% for next 10 years), IV = $563
  • Moderate Growth (9% for next 10 years), IV = $709
  • Adjusted Growth Rate (12% for next 10 years). IV = $826

 

Chart from thinkorswim, get FREE chart here.

Original post by Marubozu from My Stocks Investing Journey.

 

Continue ReadingApple (AAPL) Trade Idea