Stock: PropNex Ltd. (OYY.SI, SGX)
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Timeframe: Daily (1D)
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Period Analyzed: Sep 2024 – Sep 5, 2025 (~12 months, ~250 bars)
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Last Traded Price: SGD 2.31
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Range: Low 0.755 → High 2.42
1. Market Structure & Order Flow
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Trend:
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Long accumulation range (Oct 2024 – Jun 2025) between 0.95 – 1.20.
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Structural breakout in July 2025 above 1.20, initiating parabolic uptrend.
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Clear BOS (Break of Structure) at 1.40 → momentum acceleration.
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Current: Higher-high / higher-low sequence intact. Minor CHoCH signals possible at 2.20–2.25 (profit-taking).
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Momentum: Strong bar expansion in Aug → early Sep. Slight narrowing of ranges suggests momentum cooling.
2. Volume-Price Relationship (VPR)
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Accumulation Phase (0.90–1.10): High volume absorption, narrow ranges → institutions loading.
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Breakout (1.20–1.60): Wide ranges + volume expansion = professional move.
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Climax (2.30–2.42): High volume, rejection wicks → potential exhaustion or supply absorption.
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Volume Divergence: Price making new highs at 2.42, but relative volume tapering → watch for pullback.
3. Institutional Footprints
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Liquidity Grab: Sharp breakout above 1.20 likely ran stops of range traders.
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Displacement Move: Jul–Aug rally with minimal retracement shows institutional demand imbalance.
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Order Block: Last bearish bar at 1.18–1.22 before breakout = strong demand zone.
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Fair Value Gap (FVG): 1.40–1.50 untested area may attract price in corrective phase.
4. Bar Pattern Recognition
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Late Aug: Consecutive wide bullish bars = momentum thrust.
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Sep 2–4: Shooting star / rejection near 2.42, volume-backed = possible short-term top.
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Sep 5: Recovery close at 2.31 → indecision (spinning top).
5. Multi-Timeframe Confluence
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Weekly: Massive breakout of 2-year base, strong bullish regime.
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Daily: Extended trend, overbought short-term.
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Alignment: HTF bias bullish, but D1 signals caution near 2.30–2.40 resistance.
6. Psychological Levels
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Key Round Levels: 1.00, 1.50, 2.00, 2.50.
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Active Zone: 2.20–2.40 (supply zone, psychological selling pressure).
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ATR Stretch: Move from 1.20 to 2.42 (+100%) in <2 months = extended beyond mean ATR.
7. Risk-Adjusted Setup Identification
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High-Probability Zone: Buy-the-dip into 1.80–2.00 demand cluster.
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Stops: Below 1.75 (structural break).
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Upside Targets:
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First: 2.42 retest
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Extension: 2.80 measured move (flag breakout projection).
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R:R: ~1:3 if long from 1.90–2.00.
8. Market Regime
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Trending Regime (late accumulation → parabolic advance).
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Signs of transition into consolidation as profit-taking appears.
9. Institutional Supply/Demand
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Demand Zones: 1.80–2.00 (institutional defense expected).
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Supply Zones: 2.30–2.50 (short-term top building).
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Absorption Watch: If 2.30–2.40 consolidates with declining volume, potential breakout higher.
- 🎯 Forward-Looking Bias
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Bullish LT bias (institutional breakout of multi-year base).
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Short-term risk: Pullback/profit-taking near 2.30–2.40 zone.
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Key Levels:
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Support: 1.90–2.00 / 1.75
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Resistance: 2.30–2.42 / 2.80
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Critical Pivot: 2.20
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✅ Trade Summary
Buying PropNex Ltd. (OYY.SI) on pullbacks into 1.90–2.00 demand zone because of institutional breakout structure with absorption signs, with stops at 1.75, targeting 2.80 for ~1:3 R:R.
Confidence Rating: 7.5 / 10
📌 Checklist Before Execution:
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Confirm volume contraction on pullback
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Ensure no bearish catalyst news
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Wait for bullish reversal bar near demand
Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.
Dividend: 2,29%

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