Technical Analysis
SATS: Watch the Crucial Support
By Marubozu  •  February 5, 2014

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.

2014Feb5-SATS-800x600

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....
...
Read the full article
By Marubozu
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance