AIMS REIT & Capitaland

Entered 2 more trading positions today.

AIMSAMPI REIT

Entered at 1.435. First target 1.48-1.50. Second target 1.55-1.58. Cut loss below 1.35 for now.

Capitaland

Entered at 3.02. First target 3.15-3.20. Second target 3.25-3.30. Cut loss below 2.92 for now.

A bio "Heartbreak" and Capitaland

I was preparing for my trip last week and i spotted this potential swing trade on Biosensors on Friday.

I was contemplating a trade at 84c and would have gotten in easily but i was hesitating as I am leaving the weekend to London. I would have bought Biosensors at 84 and the targets would have been around 92 and 98 with a stop loss below the recent low. Anyway, i didnt execute the trade but wonder why I didn't "fire and forget" as i have intended to.

Anyway, i have decided to try it out on the next trade i spotted, which is Capitaland to test out my theory of "fire and forget".

Enter at 3.03. First target around 312-315 and second target around 320-325. Cut loss below 292. 

Happy trading. 

MINT and Capitaland

Initiated a trading position in Mapletree Industrial Trust today @ 1.34. Target around 138-145. Cut loss below the recent low.

Happy trading. Will post my positions update to the comments sections for the benefit of readers.

Capitaland update

Initiated my position last week.

Looks good today as it closed at the high with a fairly strong volume. Will move stop up and see if it can run towards 328-340 range.

Happy trading.

Capitaland & Sembcorp Industries

Entered the above 2 trades today.

Capitaland

I bought some shares at $3.51. The closing wasn't as good as i would prefer it to be. First target is for it to break above $3.58 and reach around $3.65-$3,70. Second target will be around $3.80-$4.

Cut loss below the recent low.

Sembcorp Industries

I bought some shares at 4.96. Was choosing between this and Semb Marine. First target is around $5.10 to $5.15 and second target is around $5.20-$5.30 and thereafter $5.40-$5.50. Cut loss is below the recent low.

Happy trading.

STI, CapMallAsia and Capitaland

Lets do a quick recap on my previous postings:

CapMallAsia hit my first target of 1.55 today. There is still some way for this correction to run and will probably head towards my second target.

STI - As mentioned in my update yesterday, i am bearish on the STI and has initiated a short position via July SIMSCI this morning. STI is probably heading towards 2950 followed by 2900.

Capitaland - Initiate a short position in Capitaland at 288. First target at 275 followed by 260. Cut loss just above recent high.  

Overall, i think the market sentiments is weak and many stocks look very weak to me. So do take precaution if you intend to take long positions.