Buy PropNex (OYY.SGX) @ $1.86. Stop @ $1.77 and Target @ $2.20

PropNex Stock Code OYY.SGX


Price reached a high of $2.21 on 15 July 2021 and a subsequent price decline managed to find support on two occasions at the Base line. This correction has managed to stay above the cloud as well, keeping the uptrend intact. Conversion and Base lines remain bullish. Lagging Span is above price of 26 days ago as well as above the cloud, confirming the bullish trend. MACD remains bullish and is hinting of a price rally ahead. If price can stay above the base line support at $1.85, we are expecting price to test $2.21 again.


$1.86                 Buy

$2.20                 Price Target

$1.77                 Risk Management Stop

3 weeks              Trade Duration

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