Caterpillar is showing Trend Reversal Chart patterns currently, ie breakout from Falling Wedge and forming a Double Bottoms. Watch for a breakout at the neckline resistance at $85.
Original post by Marubozu My Stocks Investing Journey.
SGX has started an uptrend after breakout from the $7.00 resistance. SGX is technically bullish as the stock price is trading above the 20D/50D/200D Simple Moving Averages, whereby 20D/50D are trending up. However, it is important to take note that $7.28-$7.30 is a strong resistance zoom out the 3 years chart.
50D SMA serves at a neckline support of a Head and Shoulders. Trend may reverse if this 50D SMA support is broken.
Fundamentally SGX is over value base on PE, PEG and PB ratio.
Be cautious if you are going long at this level.
Original Post by Marubozu My Stocks Investing Journey
| Current P/E Ratio (ttm) | 24.2232 |
|---|---|
| Estimated P/E(06/2015) | 22.3765 |
| Relative P/E vs. FSSTI | 1.7643 |
| Earnings Per Share (SGD) (ttm) | 0.2993 |
| Est. EPS (SGD) (06/2015) | 0.3240 |
| Est. PEG Ratio | 2.0435 |
| Market Cap (M SGD) | 7,764.87 |
| Shares Outstanding (M) | 1,071.02 |
| 30 Day Average Volume | 1,196,667 |
| Price/Book (mrq) | 8.4123 |
| Price/Sale (ttm) | 11.3148 |
| Dividend Indicated Gross Yield | 3.86% |
| Cash Dividend (SGD) | 0.1600 |
| Dividend Ex-Date | 10/01/2014 |
| 5 Year Dividend Growth | -6.65% |
| Next Earnings Announcement | 10/21/2014 |
Looks like a Head and Shoulders in formation for City Development. Now need to see whether this neckline support can become resistance. If yes, price target for this Head and shoulders breakdown is $9.30. Next immediate support at $10.00 psychological support.
See original post from My Stocks Investing Journey by Marubozu.
| Current P/E Ratio (ttm) | 14.3175 |
|---|---|
| Estimated P/E(12/2014) | 14.8127 |
| Relative P/E vs. FSSTI | 1.0278 |
| Earnings Per Share (SGD) (ttm) | 0.7180 |
| Est. EPS (SGD) (12/2014) | 0.6940 |
| Est. PEG Ratio | 1.2242 |
| Market Cap (M SGD) | 9,347.62 |
| Shares Outstanding (M) | 909.30 |
| 30 Day Average Volume | 1,007,667 |
| Price/Book (mrq) | 1.2429 |
| Price/Sale (ttm) | 2.9837 |
| Dividend Indicated Gross Yield | 0.78% |
| Cash Dividend (SGD) | 0.0800 |
| Dividend Ex-Date | 04/30/2014 |
| 5 Year Dividend Growth | 16.36% |
| Next Earnings Announcement | 08/06/2014 |