Rectangle - My Stocks Investing

IBM: Breakdown from Rectangle

Post author:Marubozu
Post published:December 13, 2014

Trade Opportunity for IBM after break down from Rectangle which has been in consolidation mode for 2 months! IBM is on confirmed down trend as the stock is trading below 20D, 50D, 200D SMA. MACD Bearish Convergence. 2/5 EMA starts bearish trend.

Technical Analysis for IBM

Fundamental Analysis for IBM

IBM Fundamental Analysis Dec12-2014

Base on current chart pattern, IBM is suitable for trading. You will be DEAD if you use Value Investing method to invest in IBM now!

Original post by Marubozu from My Stocks Investing Journey.

FIRST REIT: Consolidating in a Rectangle

Post author:Marubozu
Post published:November 23, 2014

FIRST REIT is currently trading sideway in a Rectangle chart pattern.

Fundamentally FIRST REIT looks great.
FIRST REIT Valuation overvalue. Price/NAV High = 1.7, Price/NAV = 1.05
Technically FIRST REIT on long term uptrend (200D SMA is still trending up) but in consolidating mode currently.
200D SMA support, Rectangle support and 61.8% Fibonacci Retracement support at $1.17. A good entry level if the support holds.

See Singapore REIT Fundamental Analysis comparison table here.

Safe to Long Crude Oil? Check the USO (United States Oil Fund) Chart

Post author:Marubozu
Post published:November 7, 2014

Crude oil has reached 5 years low. Base on USO (United States Oil Fund) chart, the support is at about $29. There is a trading range of $10 ($29 to $39) base on the chart. Risk vs Rewards looks very attractive to long USO at current level.

Original Post by Marubozu My Stocks Investing Journey