Here is this week’s update.
Short Positions (Stopped Out)
Biosensors Intl Grp Ltd (SG)
Trade was entered at $1.05 and exited at $0.925. Overall a profitable trade.
Capitaland Ltd (SG)
Trade was entered at $3.17 and exited at $3.07. Overall a profitable trade.
Indofood Agri Resources Ltd (SG)
Trade was entered at $0.95 and exited at $0.815. Overall a profitable trade.
Short Position (Initiated)
Cache Log Trust (SG)
Trade was entered at $1..145.
The current rally has stopped out all existing short positions. However, new short position has also been initiated. Let’s monitor how the trade will develop. If the new position is subsequently stopped out, it may augur well for the bulls.
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