GLD rebounded recently from $115 back to $120 and looks like rejected by this Down Trend Channel resistance. There is also a support turned resistance zone between $120 & $122. Expect GLD to continue the slide base on the chart pattern.
Original post by Marubozu @ My Stocks Investing Journey.
OUE Limited is currently trading in a Down Trend Channel.
Original post by Marubozu @ My Stocks Investing Journey.
| Current P/E Ratio (ttm) | 32.1705 |
|---|---|
| Estimated P/E(12/2013) | 31.1250 |
| Relative P/E vs. FSSTI | 2.4047 |
| Earnings Per Share (SGD) (ttm) | 0.0774 |
| Est. EPS (SGD) (12/2013) | 0.0800 |
| Est. PEG Ratio | 3.1551 |
| Market Cap (M SGD) | 2,265.62 |
| Shares Outstanding (M) | 909.89 |
| 30 Day Average Volume | 409,867 |
| Price/Book (mrq) | 0.7270 |
| Price/Sale (ttm) | 4.9640 |
| Dividend Indicated Gross Yield | 1.61% |
| Cash Dividend (SGD) | 0.0100 |
| Dividend Ex-Date | 09/25/2013 |
| 5 Year Dividend Growth | 55.40% |
| Next Earnings Announcement | 02/25/2014 |
OCBC has broken the neckline of a Rounding Top / Triple Tops. The recent rebound failed to go above the neckline and thus this previous support now become resistance. All three 20D, 50D, 200D SMA are trending down. 2/5 EMA are showing bearish signals on both daily and weekly chart. OCBC has also broken the recent low of $8.40 and the price target for this shorting trade is $8.00 (161.8% FR).
See other Straits Time Index 30 Stocks Watchlist.