City Development is currently trading in a Descending Triangle and testing the resistance. Wait for the reversal candlestick to confirm the reversal. 50D and 200D SMA are sloping down.

Original post by Marubozu @ My Stocks Investing Journey

2013Oct20-CITYDEV-800x600

Key Statistics for CIT

Current P/E Ratio (ttm) 13.3716
Estimated P/E(12/2013) 15.7207
Relative P/E vs. FSSTI 1.0214
Earnings Per Share (SGD) (ttm) 0.7830
Est. EPS (SGD) (12/2013) 0.6660
Est. PEG Ratio 2.6768
Market Cap (M SGD) 9,520.38
Shares Outstanding (M) 909.30
30 Day Average Volume 589,267
Price/Book (mrq) 1.3191
Price/Sale (ttm) 2.8987
Dividend Indicated Gross Yield 0.76%
Cash Dividend (SGD) 0.0800
Dividend Ex-Date 08/13/2013
5 Year Dividend Growth 0.98%
Next Earnings Announcement 11/12/2013