Here is this week’s update.

Short Positions (Stopped Out)

Cache Log Trust (SG)

Cache Log Trust - Exited Short When Red Line was Broken

Cache Log Trust Daily Chart

Trade was entered at $1.165 and exited at $1.195. Overall a losing trade.

Cambridge Ind Trust (SG)

Cambridge Ind Trust - Exited Short When Red Line was Broken

Cambridge Ind Trust Daily Chart

Trade was entered at $0.665 and exited at $0.685. Overall a losing trade.

Singapore Post Ltd  (SG)

Singapore Post Ltd - Exited Short When Red Line was Broken

Singapore Post Ltd Daily Chart

Trade was entered at $1.26 and exited at $1.285. Overall a losing trade.

Vard Hldgs Ltd (SG)

Vard Hldgs Ltd - Exited Short When Red Line was Broken

Vard Hldgs Ltd Daily Chart

Trade was entered at $0.90 and exited at $0.87. Overall a winning trade.

 

Only Singtel short trade is still alive. So far only one out of four trades turn out to be a winner. This is not a favourable condition for trend trading. Stay out and avoid initiating new positions until more trending opportunities are available.

 

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