ST Engineering: Shooting Star, Doji, Hanging Man!
ST Engineering’s chart is SHOUTING at us! Shooting Star, Doji, Hanging Man!
Load your short gun!
See previous analysis on ST Engineering here.
City Development: Doji! Watch Rebound!
City Development showed a doji candle near the Descending Triangle support. Watch for reversal pattern for a quick long trade with price target $10.00-$10.20 (Triangle resistance). City Development chart is technically bearish. Keep stop loss tight.
See previous analysis on City Development.
Key Statistics for CIT
| Current P/E Ratio (ttm) | 12.7604 |
|---|---|
| Estimated P/E(12/2013) | 15.3365 |
| Relative P/E vs. FSSTI | 0.9587 |
| Earnings Per Share (SGD) (ttm) | 0.7680 |
| Est. EPS (SGD) (12/2013) | 0.6390 |
| Est. PEG Ratio | 2.5171 |
| Market Cap (M SGD) | 8,911.15 |
| Shares Outstanding (M) | 909.30 |
| 30 Day Average Volume | 630,533 |
| Price/Book (mrq) | 1.2250 |
| Price/Sale (ttm) | 2.7217 |
| Dividend Indicated Gross Yield | 0.82% |
| Cash Dividend (SGD) | 0.0800 |
| Dividend Ex-Date | 08/13/2013 |
| 5 Year Dividend Growth | 0.98% |
| Next Earnings Announcement | 02/28/2014 |
Genting Singapore: Hitting a Tough Resistance
Genting Singapore is currently testing a Tough Resistance at $2.03. This is the mid term down trend resistance, 50D MA resistance and 78.6% Fibonacci Resistance. Today Genting SP ended the trading day with a Doji, an indication of the end of the recent mini bull run. A potential reversal of trend at sight!
