![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAAbLf1AQ7mJjVAUxIskGxrSpb7mT9WKJqrVd37SVL9hg34KC4ffByYOGn367R5eSM8oWFM36rcfFixzmx5EWOHjrj3_zt799gPDGCm5w7DFUHtoDrsoeShuI6Jp-lBfgF33I3Xk-R8s4/s320/HL+Asia.JPG)
HL Asia $2.08 now trading near the Parallel channel resistance, if you are having a lot of long position and feel like shorting some stocks to hedge your position using CFD, you can look at this counter.
Note: This is a counter trend trade, if u are trading short term stoploss can be place at 2.16, if you doing longer term trade can stop above 2.22.