Here is this week’s update.
Short Positions (Stopped Out)
Biosensors Intl Grp Ltd (SG)
Biosensors Intl Grp Ltd Daily Chart
Trade was entered at $1.05 and exited at $0.925. Overall a profitable trade.
Capitaland Ltd (SG)
Capitaland Ltd Daily Chart
Trade was entered at $3.17 and exited at $3.07. Overall a profitable trade.
Indofood Agri Resources Ltd (SG)
Indofood Agri Resources Ltd Daily Chart
Trade was entered at $0.95 and exited at $0.815. Overall a profitable trade.
Short Position (Initiated)
Cache Log Trust (SG)
Cache Log Trust Daily Chart
Trade was entered at $1..145.
The current rally has stopped out all existing short positions. However, new short position has also been initiated. Let’s monitor how the trade will develop. If the new position is subsequently stopped out, it may augur well for the bulls.
If you find my blog useful, tip me a few dollars to show your support.