Strong Buy on weakness. 
7ocean ( Date: 13-Apr-2026 19:18) Posted:
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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.
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:
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For Long Term .... YES.. Target price $3.5
JurongW ( Date: 13-Apr-2026 18:29) Posted:
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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.
Give a shoutout if it is a YES.
Do also give a shout if its a NO.
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.
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:
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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:
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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
Expect more upside once company commences SBB after approval is sought at AGM on 23 Apr
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?
 
Enroute to test the upper channel of the descending channel as depicted in my chart?
 
JurongW ( Date: 13-Apr-2026 11:11) Posted:
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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)
Resistance at 185 (previous support as well as 50EMA)
Chart as of 9 Apr, 5pm
Let' s see if there is breakout or breakdown from the small ascending channel tomorrow.
Let' s see if there is breakout or breakdown from the small ascending channel tomorrow.
Using another charting software where additional indicators can be added.
Zoom closer, see sharper. Trade what is on the chart.
Finally break out from the channel.  
short-term golden cross forming.

short-term golden cross forming.
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.
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:
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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.
No right or wrong.  We learn from each other.
It can be based on technicals, fundamentals or personal gut feel / sentiment.
If drop, better still. Can buy on the cheap.
Expect CEO kevin Fong to buy more shares if share price were to plummet further. 
Expect CEO kevin Fong to buy more shares if share price were to plummet further. 
muifan ( Date: 07-Apr-2026 16:50) Posted:
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Possible, anywhere between 1.33 and 1.44 if it breaks the channel.
Let' s watch on
Let' s watch on
Sgvale ( Date: 07-Apr-2026 16:43) Posted:
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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 
however , flash report is much like sample size during election....usually quite accurate 
JurongW ( Date: 07-Apr-2026 16:48) Posted:
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