Symmetrical Triangle - My Stocks Investing

DBS Bank: Huge Down Side Risk!

Post author:Marubozu
Post published:March 1, 2014

DBS is currently trading within a Falling wedge and trading below the 200D SMA. DBS retraced back to 50% Fibonacci Retracement and continue the downward movement to the price target of $15.40 (short term) and $14.40 (medium term base on the breakout from Symmetrical Triangle). Base on current chart pattern and technical analysis, the down side risk is very huge for DBS Bank. Good trading opportunities for shorting but bad for investors who do not know how to hedge. Sit tight!

Original Post by Marubozu @ My Stocks Investing Journey.

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Wing Tai: In Down Trend Channel

Post author:Marubozu
Post published:February 20, 2014

Wing Tai is currently trading within a down trend channel. The stock was rejected at the previous support turned resistance at about $1.82 (also the 61.8% FR). Expect Wing Tai price to drop further more from this level. No sight of bottoming up and reversal of the chart pattern yet.

Original post by Marubozu from My Stocks Investing Journey.

Current P/E Ratio (ttm)	3.2261
Estimated P/E(06/2014)	8.8592
Relative P/E vs. FSSTI	0.2431
Earnings Per Share (SGD) (ttm)	0.5657
Est. EPS (SGD) (06/2014)	0.2060
Est. PEG Ratio	–
Market Cap (M SGD)	1,433.88
Shares Outstanding (M)	785.69
30 Day Average Volume	717,333
Price/Book (mrq)	0.5091
Price/Sale (ttm)	1.1533
Dividend Indicated Gross Yield	1.65%
Cash Dividend (SGD)	0.0300
Dividend Ex-Date	11/05/2013
5 Year Dividend Growth	14.87%
Next Earnings Announcement	05/12/2014

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.