I got in on Monday, buying $4.2, not a good entry as the day low was $4.13 and closed at $4.14. My cut lose plan was to cut if price broke below $4.12.

Sembcorp Industries sank on Tuesday and if price break $4.12, it will be another waterfall decline. But Sembcorp Industries managed to reverse and even move to $4.24(day high) but closed at $4.2.

On Wed, Sembcorp Industries rallied above it previous day’s high. My target was $4.33/$4.34 but i decided exit $4.32, one bid below my target.

Was it a perfect trade?

No. if I can be patience with my entry, I will give this trade as one of my perfect trade and to print out and put on the wall.

This trade is not a good entry but with an excellent exit.

Best wishes,

Divergence Trader

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