Support Turned Resistance - My Stocks Investing

DBS Bank: Shooting Star @ Support Turned Resistance

Post author:Marubozu
Post published:March 25, 2014

DBS Bank is showing a Shooting Star at the Support Turned Resistance at $16.14. Wait for the next candle to confirm the reversal. A good trading opportunity but need to get out before the XD date and earning release.

See previous analysis on DBS bank here. The symmetrical triangle breakout pattern with price target still valid.

Current P/E Ratio (ttm)	10.6411
Estimated P/E(12/2014)	10.4224
Relative P/E vs. FSSTI	0.7865
Earnings Per Share (SGD) (ttm)	1.5074
Est. EPS (SGD) (12/2014)	1.5390
Est. PEG Ratio	4.6322
Market Cap (M SGD)	39,241.67
Shares Outstanding (M)	2,446.49
30 Day Average Volume	4,446,067
Price/Book (mrq)	1.1732
Price/Sale (ttm)	3.3377
Dividend Indicated Gross Yield	3.62%
Cash Dividend (SGD)	0.3000
Dividend Ex-Date	05/12/2014
5 Year Dividend Growth	-4.08%
Next Earnings Announcement	04/30/2014

Capitaland: Dead Cat Bounce Finished?

Post author:Marubozu
Post published:February 14, 2014

Capitaland was rejected at 50D SMA resistance with a Doji Bearish Engulfing. This resistance ($2.93) is the previous support turned resistance and also the Down Trend Channel Resistance. It looks like Capitaland will continue the down trend from here onwards. Technically Capitaland is on the down trend when 20D, 50D and 200D are all sloping down.

See other post for Capitaland fundamental data comparison with other property counters here.

UOB Bank: The Scary $20

Post author:Marubozu
Post published:February 7, 2014

UOB has broken down from a Wedge and currently rebound to test the previous wedge support turned resistance at about $20.00. This $20 support turned resistance is a very significant level because it has been tested for no lesser than past 6 occasions for past 3 years. If UOB Bank is being rejected at $20 in the next few trading sessions, the stock will officially start a bearish down trend (lower high, lower low). Bad news for investors, good news for traders!

Original post by Marubozu from My Stocks Investing Journey.

UOB Bank Fundamental Data

Current P/E Ratio (ttm)	11.0598
Estimated P/E(12/2013)	11.1497
Relative P/E vs. FSSTI	0.8714
Earnings Per Share (SGD) (ttm)	1.7975
Est. EPS (SGD) (12/2013)	1.7830
Est. PEG Ratio	2.1307
Market Cap (M SGD)	31,341.37
Shares Outstanding (M)	1,576.53
30 Day Average Volume	1,967,267
Price/Book (mrq)	1.3325
Price/Sale (ttm)	3.6349
Dividend Indicated Gross Yield	3.02%
Cash Dividend (SGD)	0.2000
Dividend Ex-Date	08/26/2013
5 Year Dividend Growth	1.49%
Next Earnings Announcement	02/14/2014

VALUATION RATIOS

	Company	Industry	Sector
P/E Ratio (TTM)	10.94	12.56	13.15
P/E High – Last 5 Yrs.	16.60	16.34	24.91
P/E Low – Last 5 Yrs.	10.38	9.54	10.17