AyalaLand Logistics Holdings Corp. (ALLHC) closed on July 22, 2019 at P4.15 per share, up by 3.49 percent. Foreign investors registered a Net Foreign Selling worth P625,330.00. Foreign investors are bearish on ALLHC for 2019 YTD.
It broke about its previous resistance at P4.00 per share today, which makes that price level as its new support level. The psychological resistance of ALLHC is near P5.14, which is in confluence with the 61.8 percent extension of the Up Fibonacci.
My 10SMACD combo is valid. My Fantastic Four signals are present. That’s a go-signal to top-up. That’s also a go-signal to enter a new position provided you are satisfied with your reward-to-risk ratio.
Of course you’ll get a satisfying reward-to-risk ratio if you will follow the formula I discussed in the Lesson # 6 of The Evergreen Strategy in Trading the Philippine Stock Market. Just make sure you’re on top of your trailing stop loss if you decide to enter a new position on ALLHC.
Speaking of my The Evergreen Strategy in Trading the Philippine Stock Market seminar, I discuss the 10SMACD and Fantastic Four signals in Lessons # 2 to 5 in that advanced seminar. Please review the handouts I sent you if you attended this advanced stock market seminar already.
Here’s my current schedule for this The Evergreen Strategy in Trading the Philippine Stock Market Seminar:
Davao City – July 27, 2019
Iloilo City – August 3, 2019
Cavite – August 10, 2019
Makati – August 17, 2019
Baguio – January 25, 2020
Pampanga – February 29, 2020
Cebu – March 28, 2020
I strongly suggest that you fill out the registration form in the respective page of those places for a chance to win either a FREE or a HEAVILY DISCOUNTED TICKET.
ALLHC is a low-risk stock due to its historical volatility score of 22.60 percent.
The upward momentum is strengthening but not yet very strong.
RSI is still relatively distant from the classical overbought signal. For as long as the Fantastic Four signals are present, the ascent in price is more likely to continue.
Trade-Volume Distribution
Last Price: 4.15
VWAP: 4.123610486
Most Traded: 4.14 – 4.15
Most Voluminous: 4.13 – 4.15
If you’re going to top up or enter a new position, I suggest that you do it between 4.10 to 4.15. If ALLHC starts at a price lower or higher than that range, immediately for a request for this stock’s latest Trade-Volume Distribution and True Market Sentiment charts in our Private Clients Forum.
Note: The Private Clients Forum is exclusive for the Equilyst Analytics subscribers.
True Market Sentiment
True Market Sentiment of ALLHC as of Jul-22-2019 at 03:30PM, with a last price of 04.1500.
4 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers have a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 4.1226
Top 10 Players’ Selling Average: 4.1227
Bonus Info:
9 out of 64 participants or 14.06% of all participants registered a 100% BUYING activity
22 out of 64 participants or 34.38% of all participants registered a 100% SELLING activity
Most of the top 10 brokers locked in profits today. You must consider this situation, especially if you’re just about to enter a new position. Take note that it’s a lot easier for those who managed to position early to top up than for those who are yet to acquire ALLHC to enter a new position. Just make sure you know where your trailing stop loss is.
Recommendations
I’ve already mentioned my recommendations for those who have had ALLC and those who are planning to trade the stock. What I want to do is to invite you to my The Evergreen Strategy in Trading the Philippine Stock Market seminar in Davao, Iloilo, Cavite, Makati, Baguio, Cebu, and Pampanga. I will teach you these six lessons.
Lesson 1: how to identify the best stocks to trade
Lesson 2: how to check if the current trend is more likely to continue
Lesson 3: how to know the true market sentiment
Lesson 4: how to identify a confirmed buy signal
Lesson 5: how to identify the best price range to trade
Lesson 6: how to sell more logically and less emotionally
There are raffle prizes from First Metro Securities including merchandizes and P2,500.00 FMETF investment credits. All attendees will also get a 50% discount to the 1-year subscription of Equilyst Analytics (subject to terms and conditions).
Click the links above. Do not forget to fill out the form for a chance to win a FREE or a HEAVILY DISCOUNTED TICKET.
Would You Like to Learn How to Trade and Invest in the Philippine Stock Market Like a PRO?
Attend our The Evergreen Strategy in Trading the Philippine Stock Market seminar.
In my “The Evergreen Strategy in Trading the Philippine Stock Market” seminar, I will teach you:
- Lesson 1: how to identify the best stocks to trade
- Lesson 2: how to check if the current trend is more likely to continue
- Lesson 3: how to know the true market sentiment
- Lesson 4: how to identify a confirmed buy signal
- Lesson 5: how to identify the best price range to trade
- Lesson 6: how to sell more logically and less emotionally
Seats are limited to 20 to 30 per seminar. CLICK HERE to check if I have a seminar in your area and to buy your ticket.
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