Symmetrical Triangle - 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

SIA Engineering: Dead Cat Bounce Completed?

Post author:Marubozu
Post published:March 12, 2014

Looks like the recent Dead Cat Bounce has completed for SIA Engineering after the stock price rejected 3 times at 200D SMA resistance (also the support turned resistance of the Symmetrical Triangle). In addition, there is also a Price Volume Divergence during this rebound. SIA Engineering shall continue to trade in a down trend channel towards the breakout price target of a Symmetrical Triangle of $4.43.

See previous stock chart analysis of SIA Engineering here.

ST Engineering: Respect the 50D SMA

Post author:Marubozu
Post published:March 2, 2014

ST Engineering is currently trading in down trend and in short term consolidation. More down side expected in the coming days or weeks as ST Engineering was rejected at $3.83 support turned resistance (green) and also the 50D SMA resistance (blue). 50D SMA is rather reliable as support & resistance for ST Engineering when the stock is trending. The price target of the Symmetrical Triangle breakout is still valid. See previous stock chart analysis for ST Engineering here.

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