SATS is holding well during the January 2014 worldwide sell off. The key question is: How Long can SATS continue to hold and avoid being sold off?
Base on the chart, SATS is currently trading in a Rectangle and also the Descending Triangle with a crucial resistance turned support zone between $3.07 and $3.10. This support zone coincides with the 61.8% Fibonacci Retracement Level. Upside is very limited as there are many resistances (20D, 50D, 200D SMA), Rectangles resistance and the Descending Triangle resistance from $3.16 to $3.24.
Original post by Marubozu from My Stocks Investing Journey.
Fundamental Data for SATS
Current P/E Ratio (ttm) | 18.7500 |
---|---|
Estimated P/E(03/2014) | 16.7553 |
Relative P/E vs. FSSTI | 1.4917 |
Earnings Per Share (SGD) (ttm) | 0.1680 |
Est. EPS (SGD) (03/2014) | 0.1880 |
Est. PEG Ratio | 1.7656 |
Market Cap (M SGD) | 3,532.90 |
Shares Outstanding (M) | 1,121.... |