Trade with the Trend, the Trend is Your Friend
Here is this week’s update.
Long Position (Stopped Out)
Capitaland Ltd (SG)
Trade was entered and exited at $3.59. Overall a losing trade due to transaction and financing costs.
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Here is this week’s update.
Long Positions (Stopped Out)
City Developments Ltd (SG)
Trade was entered at $9.98 and exited at $10.53. Overall a profitable trade.
UOL Grp Ltd (SG)
Trade was entered at $7.53 and exited at $7.61. Overall a profitable trade.
Only Capitaland Ltd long trade is still alive.
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Here is this week’s update.
Long Positions (Initiated)
Capitaland Ltd (SG)
Trade was entered at $3.59.
City Developments Ltd (SG)
Trade was entered at $9.98.
UOL Grp Ltd (SG)
Trade was entered at $7.53.
Long Positions (Initiated and Stopped Out)
Oversea Chinese Banking Corp (SG)
Trade was entered at $10.85 and exited at $10.72. Overall a losing trade.
S’pore Airlines Ltd (SG)
Trade was entered at $9.14 and exited at $9.08. Overall a losing trade.
Venture Corp Ltd (SG)
Trade was entered at $15.67 and exited at $15.82. Overall a profitable trade.
Although the STI has managed to break out this week, the momentum seems to be waning. Property sector is still holding quite well.
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Here is this week’s update.
No trades initiated for this week.
Nikkei, Hang Seng and S&P500 broke out last Friday. Will STI follow the same path on Monday?
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Here is this week’s update.
Long Positions (Stopped Out)
Capitaland Ltd (SG)
Trade was entered at $3.53 and exited at $3.56. Overall a scratch trade.
DBS Grp Hldgs Ltd (SG)
Trade was entered at $24.70 and exited at $25.27. Overall a profitable trade.
Keppel Corp Ltd (SG)
Trade was entered at $5.94 and exited at $6.12. Overall a profitable trade.
Oversea Chinese Banking Corp (SG)
Trade was entered at $10.80 and exited at $10.94. Overall a profitable trade.
S’pore Airlines Ltd (SG)
Trade was entered at $8.93 and exited at $9.15. Overall a profitable trade.
United Overseas Bank Ltd (SG)
Trade was entered at $25.29 and exited at $26.18. Overall a profitable trade.
UOL Grp Ltd (SG)
Trade was entered at $7.41 and exited at $7.46. Overall a scratch trade.
Venture Corp Ltd (SG)
Trade was entered at $15.30 and exited at $15.68. Overall a profitable trade.
Currently no open positions at the moment.
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Here is this week’s update.
Long Positions (Stopped Out)
Singtel (SG)
Trade was entered at $3.23 and exited at $3.18. Overall a losing trade.
S’pore Exchange Ltd (SG)
Trade was entered at $8.41 and exited at $8.44. Overall a scratch trade.
Wilmar Intl Ltd (SG)
Trade was entered at $3.88 and exited at $3.78. Overall a losing trade.
Capitaland Ltd, DBS Grp Hldgs Ltd, Keppel Corp Ltd, Oversea Chinese Banking Corp, S’pore Airlines Ltd, United Overseas Bank Ltd, UOL Grp Ltd and Venture Corp Ltd long trades are still alive.
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