Starhub: Formation of Right Shoulder

  • Post author:

Cautious! Starhub is forming the Right Shoulder of a Head & Shoulders reversal pattern after rejected at 200D SMA at about $4.30 (also the 61.8% FR). This level is also the previous Rising Wedge support turned resistance level to confirm the Rising Wedge breakout with price target of $3.90. $4.00 will be the critical support to watch as this is also the neckline of H&S, 38.2% FR and psychological round number support. Sit tight!

See previous technical analysis & fundamental data on Starhub here.

2014Jan3-StarHub-800x600

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Noble Group: Back to Life?

  • Post author:

Noble Group seems to have completed the retracement and found the support at 61.8% Fibonacci Retracement Level.

Bullish Signals

  • Noble Groups moves above 20D, 50D and 200D SMA.
  • 2/5 EMA show bullish up trending signal.
  • MACD is showing bullish signal.
  • If Noble Group clears $1.12 resistance, price target is $1.32 (161.8% FR)

Bearish Signal

  • Noble Group may be forming a Head and Shoulders with neckline at about $1.00 (also the 61.8% FR level). Head and shoulders are a potential reversal pattern.
  • All 3 MAs are not all sloping up and still in consolidation mode.
  • Watch closely whether there is reversal between $1.08 to $1.12 because this may be the formation of right shoulder.

Original post by Marubozu from My Stocks Investing Journey.

2013Dec27-Noble Group

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Super Group: Is the Recent Sell Off a Surprise?

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It is not a surprise Super Group faced a huge sell off after the recent headline news of “Super: 3Q13 Net Profit Down 17% To S$18.7 Million”.

Fundamentally the stock is not cheap base on PE ratio. Technically Super Group is showing a Head and Shoulder and the stock price records a historical high at about $5.00. The shorties have been watching the $4.00 neckline for quite sometimes.

Super Group will start the down trend from now on as the stock has already entered into bearish territory. Watch for the rebound back to $3.50 (50% FR), $3.84 (61.8% FR) or $4.00 (neckline support turned resistance + round number) to short again!

Original post by Marubozu @ My Stocks Investing Journey.

Super Group Nov17-2013

 

 

Key Statistics for SUPER

Current P/E Ratio (ttm) 19.7406
Estimated P/E(12/2013) 22.4359
Relative P/E vs. FSSTI 1.4417
Earnings Per Share (SGD) (ttm) 0.1773
Est. EPS (SGD) (12/2013) 0.1560
Est. PEG Ratio 1.2972
Market Cap (M SGD) 1,951.55
Shares Outstanding (M) 557.59
30 Day Average Volume 1,419,600
Price/Book (mrq) 4.4465
Price/Sale (ttm) 3.4897
Dividend Indicated Gross Yield 2.03%
Cash Dividend (SGD) 0.0200
Dividend Ex-Date 08/23/2013
5 Year Dividend Growth 34.72%
Next Earnings Announcement 02/27/2014
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