Trading Update

Sold Mercator Maritime on Sell Signal. Bought at 0.355 sold at 0.37.
Now closed at 0.335.

Sold Capitaland on panic. Bought at 3.78 sold at 3.92.
Now closed at 3.77.

Bought UOL on buy signal at 3.53 closed at 3.5.

Thinking of selling GoldenAgri at 0.43, then 0.425 then 0.42. Now closed at 0.40. Reason for holding is that stop loss is at 0.40 and wanted to follow rules strictly. So, if the counter show more weakness, it will be time to sell tomorrow. Early part of day showed some

Olam show weakness. Closed at 2.55.

SembMar closed at 3.18. Showing some weakness also.

Cosco bought at 1.32. Show some buying interest but close at 1.32 after overall market going down.

The overall market is at the over bought level and most of the counters are also at that level. It is imperative to be cautious. Tomorrow will be critical day in deciding whether to exit the positions. Looks like the overall market is heading for correction. If so, then, there will be more down side since it failed to make higher high.