Here is this week’s update.

Short Positions (Stopped Out)

Biosensors Intl Grp Ltd (SG)

Biosensors Intl Grp Ltd - Exited Short When Green Line was Broken

Biosensors Intl Grp Ltd Daily Chart

Trade was entered at $1.05 and exited at $0.925. Overall a profitable trade.

Capitaland Ltd (SG)

Capitaland Ltd - Exited Short When Red Line was Broken

Capitaland Ltd Daily Chart

Trade was entered at $3.17 and exited at $3.07. Overall a profitable trade.

Indofood Agri Resources Ltd (SG)

Indofood Agri Resources Ltd - Exited Short When Green Line was Broken

Indofood Agri Resources Ltd Daily Chart

Trade was entered at $0.95 and exited at $0.815. Overall a profitable trade.

 

Short Position (Initiated)

Cache Log Trust (SG)

Cache Log Trust - Entered Short When Red Line was Broken

Cache Log Trust Daily Chart

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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