Friday, June 05, 2020

PropNex - Bullish Diamond Bottom

A "Diamond Bottom" chart pattern formed on PropNex Ltd (OYY:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.545 to the range of 0.60 - 0.65.



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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