Here is this week’s update.
Short Positions (Stopped Out)
Cache Log Trust (SG)
Cache Log Trust Daily Chart
Trade was entered at $1.165 and exited at $1.195. Overall a losing trade.
Cambridge Ind Trust (SG)
Cambridge Ind Trust Daily Chart
Trade was entered at $0.665 and exited at $0.685. Overall a losing trade.
Singapore Post Ltd (SG)
Singapore Post Ltd Daily Chart
Trade was entered at $1.26 and exited at $1.285. Overall a losing trade.
Vard Hldgs Ltd (SG)
Vard Hldgs Ltd Daily Chart
Trade was entered at $0.90 and exited at $0.87. Overall a winning trade.
Only Singtel short trade is still alive. So far only one out of four trades turn out to be a winner. This is not a favourable condition for trend trading. Stay out and avoid initiating new positions until more trending opportunities are available.
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