Here is this week’s update.
Short Positions (Stopped Out)
Sembcorp Industries Ltd (SG)
Sembcorp Industries Ltd Daily Chart
Trade was entered at $4.95 and exited at $4.90. Overall a profitable trade.
Noble Group Ltd (SG)
Noble Group Ltd Daily Chart
Trade was entered at $0.89 and exited at $0.84. Overall a profitable trade.
Only short trades ( Capitaland Ltd, Indofood Agri Resources Ltd and Biosensors Intl Grp Ltd) are still alive. There is currently a rally . Has the bears come to an end? Or is this just a dead cat bounce?
If you find my blog useful, tip me a few dollars to show your support.