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Source: Capital Dynamics
Source: Capital Dynamics
Malayan Banking Bhd
(1155)
China New Town Devt
Co Limited
(D4N)
Malayan Banking Bhd is again testing its horizontal
support. Its daily MACD has formed a bearish
crossover. Its monthly and quarterly MACDs are
bearish. Meanwhile, its daily directional movement
index is diverging bearishly. Should it break the said
support at around RM8.15,
i
Capital rates Malayan
Banking as a trading Sell with a target price of
RM6.20.
Falling in a descending price channel, China New
Town Devt Co Limited has now reached its major
support line formed since 2011. With its weekly
MACD trying to turn bullish,
i
Capital rates China New
Town as a trading Buy with a target price of S$0.09.
Place relevant stop loss.
China New Town (D4N)
No. of Shares Outstanding
9,846,119,747
Trailing EPS (S$ cents)
0.21
Trailing PER (times)
19.77
Trailing Dividends (S$ cents)
N/A
Gross Dividend Yield (%)
N/A
Book Value per Share (S$)
0.08
Current Price
S$0.041
MAYBANK (1155)
No. of Shares Outstanding
9,549,292,000
Trailing EPS (sen)
74.59
Trailing PER (times)
10.97
Trailing Dividends (sen)
57.00
Gross Dividend Yield (%)
6.97
Book Value per Share (RM)
6.26
Current Price
RM8.18
Shares selected under this section are based on chart/technical analysis and are meant for short-term traders. It
is not intended for contra trading. Traders should note that in actual trading conditions, stop-loss targets may not
be fulfilled. This section is not for the novice or the uninitiated. The arithmetic of trading or investing is not sym-
metrical. If you lose 50%, you need to make 100% to get back to the level of your original sum.
For new readers, please see our brief on technical analysis for explanation of stop-loss and trailing stop. It is sent
separately.
— Paul Tudor Jones
Everything
gets destroyed a
hundred times
faster than it is
built up.
Trading Portfolio for the printed edition has added features for traders – see table below.
However, the rating for this Section remains based on chart and technical analysis.
H
| Trading Picks
24
Capital Dynamics Sdn Bhd
The week of 21 January – 27 January 2016
Volume 27 Number 21