Here is this week’s update.

Short Positions (Stopped Out)

Sembcorp Industries Ltd (SG)

Sembcorp Industries Ltd - Exited Short When Red Line was Broken

Sembcorp Industries Ltd Daily Chart

Trade was entered at $4.95 and exited at $4.90. Overall a profitable trade.

Noble Group Ltd (SG)

Noble Group Ltd - Exited Short When Green Line was Broken

Noble Group Ltd Daily Chart

Trade was entered at $0.89 and exited at $0.84. Overall a profitable trade.

 

Only short trades ( Capitaland Ltd,  Indofood Agri Resources Ltd and Biosensors Intl Grp Ltd) are still alive. There is currently a rally . Has the bears come to an end? Or is this just a dead cat bounce?

 

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