Here is this week’s update.

Short Position (Stopped Out)

First Resources Ltd  (SG)

First Resources Ltd - Exited Short When Red Line Was Broken

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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