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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