Here is this week’s update.
Long Positions (Stopped Out)
Mapletree Logistics Trust (SG)
Mapletree Logistics Trust Daily Chart
Trade was entered at $1.225 and exited at $1.33. Overall a profitable trade.
Lippo Malls Indo Retail Trust (SG)
Lippo Malls Indo Retail Trust Daily Chart
Trade was entered at $0.565 and exited at $0.54. Overall a losing trade.
Long trades (Rowsley Ltd, Sino Grandness Food Ind Gp Ltd and Low Keng Huat Ltd) are still alive.
Current market condition is bearish as a lot of stocks had experienced selldown with big down bars. Will the bulls return?
If you find my blog useful, tip me a few dollars to show your support.