PropNex

PropNex -[ Selling Pressure Coming In? Here’s What We Did ]

Kelwin & Roy PropNex , , , , , , , , ,
20th August, 2021, 5:08 PM

PropNex -[ Selling Pressure Coming In? Here’s What We Did ]

Chart Source :AdvisorXs 20th Aug 2021

We had a good run with PropNex over the last few months but as the property market continues to heat, the stock price didn’t show that much excitement. It couldn’t break above the moving averages and closed with a red bar with volume. And after analyzing the chart and seeing the price movement we decided that a small cut for PropNex might be the wise thing to do. With that we decided to alert our EXCLUSIVE CLIENTS to inform that about the market conditions and a move to cut if possible.

It was a re-entry for PropNex but when things don’t seem to go your way we have to cut. Part of trading is the ability to cut when one is wrong and not be emotional about it. It gapped down today due to an xd of $0.055 and continued to head down south and we’re glad we sent that message to warn our clients. The immediate support is at $1.80

If you want an extra pair of eyes to help keep a look out for potential pitfalls and not shy away from wrong, do drop us a message.

Yours

Humbly

Kelwin&Roy

PropNex – [ Explosive Move Up Today, What Does The Chart Say Now?]

Kelwin & Roy PropNex , , , , , , , , ,
15th July, 2021, 7:43 PM

PropNex – [ Explosive Move Up Today, What Does The Chart Say Now?]

Chart Source: Poemsview 15th July 2021

Another stock that had a spectacular run today was Propnex up 10% since yesterday’s close. From our previous post, profit taking did come in as mentioned before it staged a rebound. In total, we saw PropNex up 26% since our alert just 10 days ago! ๐Ÿค‘๐Ÿค‘ Its a very nice move up if you ask us! ๐Ÿคฉ

Lets take a look at the chart and see where is it at now. It has hit our targets and have updated with new targets to our clients. The upper channel resistance does looks like a challenge and profit taking might come in if it can’t break that resistance. We’re looking at $2.30 next and would see if momentum holds before deciding on our next potential target. What a week it has been! A nice pullback to the middle channel or around the 5ema might present some short term opportunity.

What a weekย  it has been and we hope that the week has been good for you!

If you need extra help in your trading, you know who to look for! We’re just one message away!

Want to be alerted earlier and notย miss out on our next trade alert? Be ourย EXCLUSIVE CLIENTย  and find out how you can be included in our next alert. Or simply click the whatsapp logo at the bottom of the page to drop us a message.

Yours

Humbly

Kelwin&Roy

 

PropNex – [ All Time High, How Much Higher? ]

Kelwin & Roy PropNex , , , , , , , , , ,
7th July, 2021, 5:13 PM

PropNex – [ All Time High, How Much Higher? ]

PropNex 7th july 2021

Chart Source: Poemsview 7th July 2021

Most of us should be familiar with this name PropNex, being Singapore’s largest homegrown real estate agency. And we would be no stranger to hearing or seeing its CEO Mohamed Ismail giving several interviews on radio or tv. As Singapore property market has been on an uptrend, one of theย beneficiaries would be the real estate companies. Hence when Propnex broke out of its consolidation on Monday,ย  we alerted our EXCLUSIVE CLIENT on this breakout at $1.69! ๐Ÿค‘๐Ÿค‘

We have seen PropNex risen 10% ๐Ÿš€๐Ÿš€over the last two days since our entry and from the chart we can see its hitting some resistance. Our long term target could even be $2-2.03 towards that upper band of the uptrend resistance.

It is currently at an all time high so do expect some profit taking to come in soon. Part of this run could be due MAS mentioning that the property market is not “overheated” Quoting : “No, we do not think the market is overheated right now, because if it is overheated, then we have not done our job well,” MAS managing director Ravi Menon said in response to a question at a press conference on the MAS Annual Report yesterday.

Want to be alerted earlier and notย miss out on our next trade alert? Be ourย EXCLUSIVE CLIENTย  and find out how you can be included in our next alert. Or simply click the whatsapp logo at the bottom of the page to drop us a message.

Yours

Humbly

Kelwin&Roy