CFD Trading – Buy PropNex (OYY.SGX) @ $1.87. Stop @ $1.76 and Target @ $1.99.

PropNex Stock Code OYY.SGX


Price broke above the Ichimoku V-shaped structure in the previous trading session, with a price projection target at $2.06. Conversion line and Base line had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD remains above the zero line and is hinting at a bullish price trend. As long as price stays above the Ichimoku breakout, we are likely to see price moving higher to $2.06,  in the next 1-2 weeks.


$1.87                 Buy

$1.99                Price Target

$ 1.76               Risk Management Stop

2 weeks           Trade Duration

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