UOB Bank has been running up strongly for the past few days, is it a time to buy for long term investment? If you base on the recent sentiment, yes. If you don’t know how to read stock chart and invest base on analyst recommendation, yes.
But technically UOB is at the resistance of the descending trend line and the stock price will have high chance to reverse if there is a bearish candle the following days. A trading opportunity if there is a bearish reversal but get out before the XD Date and Earning release!
Original Post by Marubozu @ My Stocks Investing Journey.
| Current P/E Ratio (ttm) | 11.2667 |
|---|---|
| Estimated P/E(12/2014) | 11.0543 |
| Relative P/E vs. FSSTI | 0.8333 |
| Earnings Per Share (SGD) (ttm) | 1.8426 |
| Est. EPS (SGD) (12/2014) | 1.8780 |
| Est. PEG Ratio | 2.0988 |
| Market Cap (M SGD) | 32,729.43 |
| Shares Outstanding (M) | 1,576.56 |
| ... |
