PropNex's Shares May Extend Price Gains -- Market Talk

Dow Jones

2025/07/03

0147 GMT - PropNex's shares may extend price gains, based on the technical chart, Phillip Securities Research's Zane Aw says in a commentary. The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. "This provides a bullish signal," the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 02, 2025 21:47 ET (01:47 GMT)

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The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. \"This provides a bullish signal,\" the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. 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The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. \"This provides a bullish signal,\" the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2025 21:47 ET (01:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6512","symbol_name":"房地产股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2548847919","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548847919","pubTimestamp":1751507220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0147 GMT - PropNex's shares may extend price gains, based on the technical chart, Phillip Securities Research's Zane Aw says in a commentary. The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. \"This provides a bullish signal,\" the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6512":"房地产股","OYY.SI":"PROPNEX LIMITED","BK6010":"房地产服务"},"translate_title":"PropNex股价可能会扩大价格涨幅——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OYY.SI":0.9},"content_text":"0147 GMT - PropNex's shares may extend price gains, based on the technical chart, Phillip Securities Research's Zane Aw says in a commentary. The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. \"This provides a bullish signal,\" the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 02, 2025 21:47 ET (01:47 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}