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beng1102
    15-May-2026 09:54  
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Strong Buy on weakness. 

7ocean      ( Date: 13-Apr-2026 19:18) Posted:

For Long Term .... YES.. Target price $3.5

JurongW      ( Date: 13-Apr-2026 18:29) Posted:

Can Propnex continue its upward momentum tomorrow ?
Give a shoutout if it is a YES.
Do also give a shout if its a NO.




 
 
JurongW
    13-Apr-2026 19:27  
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Thank you for your inputs, 7Ocean.  This makes the forum discussion more meaningful.

If Propnex can breakout from the descending channel, and depending where the breakout point occurs, it could be anywhere from 280 to 290.  This is purely from technical viewpoint. Fundamental-wise, it could go up more as you targeted if earnings improve substantially.


7ocean      ( Date: 13-Apr-2026 19:18) Posted:

For Long Term .... YES.. Target price $3.5

JurongW      ( Date: 13-Apr-2026 18:29) Posted:

Can Propnex continue its upward momentum tomorrow ?
Give a shoutout if it is a YES.
Do also give a shout if its a NO.




 
 
7ocean
    13-Apr-2026 19:18  
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For Long Term .... YES.. Target price $3.5

JurongW      ( Date: 13-Apr-2026 18:29) Posted:

Can Propnex continue its upward momentum tomorrow ?
Give a shoutout if it is a YES.
Do also give a shout if its a NO.



 

 
JurongW
    13-Apr-2026 18:29  
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Can Propnex continue its upward momentum tomorrow ?
Give a shoutout if it is a YES.
Do also give a shout if its a NO.


 
 
JurongW
    13-Apr-2026 13:42  
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Just bought back food for lunch and it jump to 186/187. Volume up to 1.585 mllion units.
Can it rally upwards to 190 today? 
I will update all on the chart when market close today.


JurongW      ( Date: 13-Apr-2026 13:09) Posted:

Now it' s 181/182.  Propnex having a good run today, broke past resistance at 1.79. That should be the support for today if there is a pull back.

JurongW      ( Date: 13-Apr-2026 12:08) Posted:

Now 180/181 before market close for mid-day.  Maybe can continue going up to max 184/185 today.
Enroute to test the upper channel of the descending channel as depicted in my chart?
 


 
 
JurongW
    13-Apr-2026 13:09  
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Now it' s 181/182.  Propnex having a good run today, broke past resistance at 1.79. That should be the support for today if there is a pull back.

JurongW      ( Date: 13-Apr-2026 12:08) Posted:

Now 180/181 before market close for mid-day.  Maybe can continue going up to max 184/185 today.
Enroute to test the upper channel of the descending channel as depicted in my chart?
 

JurongW      ( Date: 13-Apr-2026 11:11) Posted:

Propnex is warming up. Now 179/180 and up by 3 cents despite the low volume.
Resistance at 185 (previous support as well as 50EMA)


 

 
JurongW
    13-Apr-2026 12:14  
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https://links.sgx.com/1.0.0/corporate-announcements/MNYSE2DX5NXKAG05/881742_PropNex_Appendix%20Share%20Buy-Back%20Mandate.pdf

Expect more upside once company commences SBB after approval is sought at AGM on 23 Apr
 
 
JurongW
    13-Apr-2026 12:08  
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Now 180/181 before market close for mid-day.  Maybe can continue going up to max 184/185 today.
Enroute to test the upper channel of the descending channel as depicted in my chart?
 

JurongW      ( Date: 13-Apr-2026 11:11) Posted:

Propnex is warming up. Now 179/180 and up by 3 cents despite the low volume.
Resistance at 185 (previous support as well as 50EMA)

 
 
JurongW
    13-Apr-2026 11:11  
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Propnex is warming up. Now 179/180 and up by 3 cents despite the low volume.
Resistance at 185 (previous support as well as 50EMA)
 
 
JurongW
    11-Apr-2026 13:28  
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JurongW
    10-Apr-2026 01:21  
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JurongW
    10-Apr-2026 00:35  
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Chart as of 9 Apr, 5pm
Let' s see if there is breakout or breakdown from the small ascending channel tomorrow.


 
 
JurongW
    09-Apr-2026 11:06  
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Using another charting software where additional indicators can be added.

 
 
JurongW
    08-Apr-2026 19:39  
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Zoom closer, see sharper. Trade what is on the chart.
 
 
JurongW
    08-Apr-2026 16:19  
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Finally break out from the channel.  smiley
short-term golden cross forming.

 

 
JurongW
    07-Apr-2026 17:20  
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Session closed with a Dragonfly Doji - what is this candlestick pattern?

Dragonfly Doji:  A " T" shaped candle with a long lower wick and no upper wick. It suggests that sellers drove prices down, but buyers brought them back up to the open. It is often a bullish reversal signal at the bottom of a downtrend.

Confirmation:  Traders often wait for the next candle to confirm a reversal before acting.

JurongW      ( Date: 07-Apr-2026 17:12) Posted:

Anyone want to offer your views / prediction on the price action.
No right or wrong.  We learn from each other.
It can be based on technicals, fundamentals or personal gut feel / sentiment.



 
 
JurongW
    07-Apr-2026 17:12  
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Anyone want to offer your views / prediction on the price action.
No right or wrong.  We learn from each other.
It can be based on technicals, fundamentals or personal gut feel / sentiment.


 
 
JurongW
    07-Apr-2026 16:52  
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If drop, better still. Can buy on the cheap.
Expect CEO kevin Fong to buy more shares if share price were to plummet further. 

muifan      ( Date: 07-Apr-2026 16:50) Posted:

Its a flash report, perhaps bulls still waiting for the actual numbers end of April...
however , flash report is much like sample size during election....usually quite accurate 

JurongW      ( Date: 07-Apr-2026 16:48) Posted:

I see. Breakdown based on negative URA report which happen a few days ago.
Perhaps, the bad news has been priced in or not yet


 
 
JurongW
    07-Apr-2026 16:50  
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Possible, anywhere between 1.33 and 1.44 if it breaks the channel.
Let' s watch on

Sgvale      ( Date: 07-Apr-2026 16:43) Posted:

Next level $1.45

 
 
muifan
    07-Apr-2026 16:50  
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Its a flash report, perhaps bulls still waiting for the actual numbers end of April...
however , flash report is much like sample size during election....usually quite accurate 

JurongW      ( Date: 07-Apr-2026 16:48) Posted:

I see. Breakdown based on negative URA report which happen a few days ago.
Perhaps, the bad news has been priced in or not yet?

muifan      ( Date: 07-Apr-2026 16:35) Posted:

this horse is waiting for breakdown...
URA report few days ago...Sale transaction volume fell by about 40% on a quarter-on-quarter basis in 1st Quarter 20261.


 
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