Capitaland: Confirm Down Trend

  • Post author:

Capitaland was rejected at the $2.93 support turned resistance and continue to trade in a down trend channel. So far 50D SMA has been a very good resistance and Capitaland is reacting to it. Good candidate to short as long as the resistance is not broken.

Previous post on Capitaland Stock Chart Technical Anlaysis here.

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2014Feb28-Capitaland-800x600

Continue ReadingCapitaland: Confirm Down Trend

Wing Tai: In Down Trend Channel

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Wing Tai is currently trading within a down trend channel. The stock was rejected at the previous support turned resistance at about $1.82 (also the 61.8% FR). Expect Wing Tai price to drop further more from this level. No sight of bottoming up and reversal of the chart pattern yet.

Original post by Marubozu from My Stocks Investing Journey.

2014Feb19-Wing Tai-800x600

Current P/E Ratio (ttm) 3.2261
Estimated P/E(06/2014) 8.8592
Relative P/E vs. FSSTI 0.2431
Earnings Per Share (SGD) (ttm) 0.5657
Est. EPS (SGD) (06/2014) 0.2060
Est. PEG Ratio
Market Cap (M SGD) 1,433.88
Shares Outstanding (M) 785.69
30 Day Average Volume 717,333
Price/Book (mrq) 0.5091
Price/Sale (ttm) 1.1533
Dividend Indicated Gross Yield 1.65%
Cash Dividend (SGD) 0.0300
Dividend Ex-Date 11/05/2013
5 Year Dividend Growth 14.87%
Next Earnings Announcement 05/12/2014
Continue ReadingWing Tai: In Down Trend Channel

Noble Group: Bull Trap!

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Noble Group has probably finished the rebound from $0.92 after breaking down from the Head and Shoulder pattern. The rebound ended at 200D SMA resistance and also the neckline at about $0.99.  Currently Noble Group looks like turning down after rejected at the down trend channel resistance and move toward the price target of $0.87.

See previous analysis of Noble Group here.

2014Feb14-Noble Group

Continue ReadingNoble Group: Bull Trap!