CFD Trading – Buy PropNex (OYY.SGX) @ $1.57. Stop @ $1.49 and Target @ $1.70.

PropNex Stock Code OYY.SGX


Price, after reaching a high at $1.70 on 5 December 2022, went into a correction. The correction was supported above the cloud, keeping the bullish price trend intact. Conversion line and Base line has a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment.  MACD is above the zero line and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous resistance high at $1.70 in the next 2-3 weeks.


$1.57                 Buy

$1.70                 Price Target

$1.49                 Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.