Trade with the Trend, the Trend is Your Friend
Here is this week’s update.
Short Position (Stopped Out)
First Resources Ltd (SG)
First Resources Ltd Daily Chart
Trade was entered at $1.81 and exited at $1.875. Overall a losing trade.
Only long trade for Rowsley Ltd still remain open. This is still a volatile and bearish market. Stay out of the market if possible as there are few long opportunities yet the short positions are easily stopped out. Choppy, choppy, choppy…….
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Here is this week’s update.
Long Position (Stopped Out)
Sino Grandness Food Ind Gp Ltd (SG)
Sino Grandness Food Ind Gp Ltd Daily Chart
Trade was entered at $1.04 and exited at $1.40. Overall a very profitable trade.
Short Position (Stopped Out)
Golden Agri-Resource Ltd (SG)
Golden Agri-Resource Ltd Daily Chart
Trade was entered at $0.555 and exited at $0.58. Overall a losing trade.
Short Position (Initiated)
First Resources Ltd (SG)
First Resources Ltd Daily Chart
Trade was entered at $1.81.
Only long trade for Rowsley Ltd still remain open. This is a volatile and bearish market. Although the STI rebounded on the last day, will it drop any further?
If you find my blog useful, tip me a few dollars to show your support.
Here is this week’s update.
Short Position (Stopped Out)
First Resources Ltd (SG)
First Resources Ltd Daily Chart
Short was entered at $1.785 and exited at $1.74. A scratch trade to due to commissions and financial charges.
Long Positions (Stopped Out)
Sabana REIT (SG)
Sabana REIT Daily Chart
Trade was entered at $1.305 and exited at $1.345. Overall a profitable trade.
Starhub Ltd (SG)
Starhub Ltd Daily Chart
Trade was entered at $3.91 and exited at $4.615. Overall a very profitable trade.
Long Positions (Initiated)
Lippo Malls Indo Retail Trust (SG)
Lippo Malls Indo Retail Trust Daily Chart
Trade was entered at $0.565.
Rowsley Ltd (SG)
Rowsley Ltd Daily Chart
Trade was entered at $0.43.
Long trades (Sino Grandness Food Ind Gp Ltd, Mapletree Logistics Trust and Low Keng Huat Ltd) are still alive.
If you find my blog useful, tip me a few dollars to show your support.
Here is this week’s update.
Long Positions (Stopped Out)
Ascott Residence Trust (SG)
Ascott Residence Trust Daily Chart
Trade was entered at $1.385 and exited at $1.41. Overall a profitable trade.
Mapletree Industrial Trust (SG)
Mapletree Industrial Trust Daily Chart
Trade was entered at $1.45 and exited at $1.555. Overall a profitable trade.
Saizen REIT (SG)
Saizen REIT Daily Chart
Trade was entered at $0.189 and exited at $0.199. Overall a profitable trade.
Suntec REIT (SG)
Suntec REIT Daily Chart
Trade was entered at $1.81 and exited at $1.91. Overall a profitable trade.
Short trade (First Resources Ltd) and long trades (Sino Grandness Food Ind Gp Ltd, Mapletree Logistics Trust, Low Keng Huat Ltd, Starhub Ltd and Sabana REIT) are still alive.
If you find my blog useful, tip me a few dollars to show your support.
Here is this week’s update.
Long Position (Stopped Out)
Cityspring Infra Trust (SG)
Cityspring Infra Trust Daily Chart
Trade was entered at $0.46 and exited at $0.49. Overall a profitable trade.
Short trade (First Resources Ltd) and long trades (Sino Grandness Food Ind Gp Ltd, Sabana REIT, Suntec REIT, Mapletree Logistics Trust, Mapletree Industrial Trust, Ascott Residence Trust, Low Keng Huat Ltd, Starhub Ltd and Saizen REIT) are still alive.
If you find my blog useful, tip me a few dollars to show your support.