Here is this week’s update.
Short Position (Stopped Out Re-Initiated Long)
Yangzijiang Shipbldg Hldgs (SG)
Yangzijiang Shipbldg Hldgs Ltd Daily Chart
Trade was entered at $1.48 and exited at $1.42. Overall a profitable trade. Long entry was also initiated at $1.42.
Short Position (Stopped Out Re-Initiated Long and Stopped Out)
UOL Grp Ltd (SG)
UOL Grp Ltd Daily Chart
Trade was entered at $8.97 and exited at $8.51. Long entry was also initiated at $8.51. However, it was stopped out at $8.29. Overall a profitable trade.
Long Position (Stopped Out)
Lian Beng Grp Ltd (SG)
Lian Beng Grp Ltd Daily Chart
Trade was entered at $0.69 and exited at $0.675. Overall a losing trade.
Long Position (Initiated and Stopped Out)
Frasers Property Ltd (SG)
Frasers Property Ltd Daily Chart
Trade was entered at $1.99 and exited at $1.97. Overall a losing trade.
Long Positions (Initiated)
Genting S’pore PLC (SG)
Genting S’pore PLC Daily Chart
Trade was entered at $1.26.
Yongnam Hldgs Ltd (SG)
Yongnam Hldgs Ltd Daily Chart
Trade was entered at $0.30.
Long trades City Developments Ltd, Tuan Sing Hldgs Ltd and Wing Tai Hldgs Ltd are still alive.
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