Why I short Pan Hong

Pan Hong is on a nice uptrend, so why am I shorting it?

This is because H-share China property stocks are already displaying bearish trends due to measures to control an overheating market. It is a matter of time that the bearish trend will catch up with Singapore-listed China property counters soon. Today, both Yanlord and Pan Hong declined on heavy selling. So, this time round, I have decided to be "flexible" and short before everyone else does so.

As Pan Hong is just starting its fall, I gathered it has more "meat". This is what I will do.

Short 4 lots. Keep SL at 0.69. No TP yet as I want to ride this trend as much as possible.