Analysis Forecast:
Expect to Retest Resistance at S$2.20
Analysis is For:
Swing Trading - Generate Portfolio Alpha
Supporting Technical Observations:
1. Sign of Strength (large volume on buy up day)
2. Fund Flow Index (FFI) Turned Positive
3. Stochastics Bullish reversal
Stop Loss
If PropNex breaks below S$1.90, expect trend continue to consolidate or turn bearish
Expect to Retest Resistance at S$2.20
Analysis is For:
Swing Trading - Generate Portfolio Alpha
Supporting Technical Observations:
1. Sign of Strength (large volume on buy up day)
2. Fund Flow Index (FFI) Turned Positive
3. Stochastics Bullish reversal
Stop Loss
If PropNex breaks below S$1.90, expect trend continue to consolidate or turn bearish
Trade closed: stop reached