Trade with the Trend, the Trend is Your Friend
Here is this week’s update.
Long Position (Initiated)
SATS Ltd (SG)
SATS Ltd Daily Chart
Trade was entered at $3.31.
Long trade (Rowsley Ltd) and short trades (Indofood Agri Resources Ltd and Noble Group Ltd) are still alive.
Let’s see how these trades will pan out under this market condition. Trade carefully.
If you find my blog useful, tip me a few dollars to show your support.
Here is this week’s update.
Short Positions (Initiated)
Indofood Agri Resources Ltd (SG)
Indofood Agri Resources Ltd Daily Chart
Trade was entered at $0.95.
Noble Group Ltd (SG)
Noble Group Ltd Daily Chart
Trade was entered at $0.945.
Only long trade for Rowsley Ltd still remain open. Recent down move for the newly initiated trades seems to indicate limited downside. This is the time to stay aside until market is more trending.
If you find my blog useful, tip me a few dollars to show your support.
Here is this week’s update.
No new position added for this week. Only long trade for Rowsley Ltd still remain open. Still waiting for market to give clearer direction…
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
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…….
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)
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.
Long Position (Stopped Out)
Low Keng Huat Ltd (SG)
Low Keng Huat Ltd Daily Chart
Trade was stopped out due to ex-dividend of $0.045. Trade was entered at $0.72 and exited at $0.69. Overall a scratch trade.
Short Position (Initiated)
Golden Agri-Resource Ltd (SG)
Golden Agri-Resource Ltd Daily Chart
Trade was entered at $0.555.
Long trades (Rowsley Ltd and Sino Grandness Food Ind Gp Ltd) are still alive. Current market condition is still very weak. Will it rebound?
If you find my blog useful, tip me a few dollars to show your support.
Here is this week’s update.
No new position added for this week. Long trades (Rowsley Ltd, Sino Grandness Food Ind Gp Ltd and Low Keng Huat Ltd) are still alive.
Market is still weak and choppy. Trade with care.
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)
Mapletree Logistics Trust (SG)
Mapletree Logistics Trust Daily Chart
Trade was entered at $1.225 and exited at $1.33. Overall a profitable trade.
Lippo Malls Indo Retail Trust (SG)
Lippo Malls Indo Retail Trust Daily Chart
Trade was entered at $0.565 and exited at $0.54. Overall a losing trade.
Long trades (Rowsley Ltd, Sino Grandness Food Ind Gp Ltd and Low Keng Huat Ltd) are still alive.
Current market condition is bearish as a lot of stocks had experienced selldown with big down bars. Will the bulls return?
If you find my blog useful, tip me a few dollars to show your support.
Here is this week’s update.
No new position added for this week.
Long trades (Lippo Malls Indo Retail Trust, Rowsley Ltd, 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.
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.