Leisure and Resorts World Corp. – Warrants (LRW) Technical Analysis
Leisure and Resorts World Corp. – Warrants (LRW) went up by 20 percent and closed at ₱2.40 on Monday, March 1, 2021. By the way, understand that warrants are not subjected to the 50 percent one-day ceiling rule. That’s the reason why it went by by over 90 percent in one day last time. Monday’s total turnover value reached ₱247,501,870 million.
LRW is open to foreign investors but their participation isn’t significant.
Due to the erratic and sudden spike in price for the past two trading days, LRW’s sensitivity level shoot up to nearly 380 percent, which means it got an extremely high sensitivity level already. This is not a newbie-friendly stock anymore.
LRW’s historical support is near ₱1.80, confluent with the 61.80 percent Up Fibonacci’s retracement. Its psychological resistance is near ₱3.40, confluent with the Up Fibonacci’s 61.80 percent extension.
Although the price action and volume are bullish, I see a hint of exhaustion on the Directional Movement Index. The +DMI has bent toward to the southward direction already.
Dominant Range Index
Dominant Range Index: Bullish
Last Price: ₱2.40
Intraday Low: ₱1.8200
Intraday High: ₱2.7200
VWAP: ₱2.4417
Dominant Range: ₱2.40 – ₱2.50
Market Sentiment Index EOD – March 1, 2021
Market Sentiment Index: NEUTRAL
5 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱2.4439
Top 10 Players’ Selling Average: ₱2.4337
7 out of 42 participants, or 16.67% of all participants, registered a 100% BUYING activity
4 out of 42 participants, or 9.52% of all participants, registered a 100% SELLING activity
Market Sentiment Index MTD – February 1-26, 2021
Market Sentiment Index: BEARISH
4 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱2.1813
Top 10 Players’ Selling Average: ₱2.1733
2 out of 55 participants, or 3.64% of all participants, registered a 100% BUYING activity
12 out of 55 participants or 21.82% of all participants registered a 100% SELLING activity
Recommendations
Do you already have a base on LRW and is your trailing stop intact? There is a confirmed buy signal for LRW based on my Evergreen Strategy 2.0. If you’re a high-risk investor, you may top up within the prevailing dominant range. If the dominant range I indicated above doesn’t show up within the first 15 minutes of the next trading day, request for LRW’s latest Dominant Range Index’s stats in our Private Clients Forum. However, you have the option to hold your position only if you’re a low-risk investor.
Meanwhile, consider the neutral Market Sentiment Index for EOD and the bearish one for MTD if you’re yet to enter on a new position. There’s a confirmed buy signal but none of the Market Sentiment Indices (aside from my observation on LRW’s DMI histogram) across two timeframes is bullish. Entertain the idea of doing a test-buy if, and only if, you’re a high-risk investor. Otherwise, stay on the sidelines or look for non-warrant stocks.
Learn How to Invest INDEPENDENTLY and Trade TACTICALLY
Let me mentor you through our stock market consultancy service. Learn my Evergreen Strategy in Trading and Investing in the Philippine Stock Market.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
admirable
Hi Sr.Your assumption and explanation regarding technical indicators of stocks are admirable which i knew all those technics to chose which stock for my intra-day investing, but what my concern is about Interring or exit in the best moment after selecting my stocks … I want to know , Can you can assist me during spotting the price for at list one month to see your skills and abilities to interring and exit..!If i will gain i will subscribe and register as your client in your site.Thank you very much
I learned a lot from you
Thank you, Sir! Whenever I have time to read, it’s your newsletter that comes first in my mind. I learned a lot from you. I’d love to receive more emails from you.
I support his Mission to impart knowledge in regards to investments.
I am John Snow
Niluto na nya, inihain na nya ang pagkain, isusubo at lulunukin mo nalang.
I support his Mission to impart knowledge in regards to investments…
Thanks as always. Your articles always amaze me.
Thanks as always. Your articles always amaze me.
I am scouting for a mentor to give me a well verse idea
I am an OFW and nearly to retire for good. I feel investing in stock market when i retire will do me a good mental exercise and financial freedom i should say. I am scouting for a mentor to give me a well verse idea in stock market and how i wish it will be this site, the Stock Signals. I am still a beginner and Stock Signals interest me a lot. I am starting to invest. Looking forward to receive your emails. Thank you very much.
Madetalye sya.
Kapag binabasa mo yung mga post ni Sir Jaycee sa forum, parang live mo syang kausap. Madetalye sya. Ramdam mong sinisugarado nyang naiintidihan mo ang sinasabi nya. Hindi sya yung tipong iispoonfeed ka nya para lang mapabilib ka nya. Didisiplinahin ka nya. Sana hindi sumakit ulo nya sa aming lahat na client nya. Hehe. ?
Very useful and informative for us investors.
Very useful and informative for us investors. Thanks and will continue to follow your email.
very clear explanations
Thank you for your patience and very clear explanations, Jaycee.
You have convinced me very well. I will be arranging my trial 3 month subsciption Serial Investor Package within this week. However, before my subscription expires, I may extend it for another 3, 6 or 12 months further depending on the result in the first 3 months.
It helps me so much.
Jaycee, thank you ever much for sharing your insights. It helps me so much. I am really grateful. Cheers!
very informative
I always read your blog Sir, Jaycee because it’s very informative.
- MA, BDO, ALI, URC, PX: Is Their Dominant Range Pointing to a Breakout? - March 14, 2025
- Tracking Market Sentiment: MTD Ratings for 30 Bluechip Stocks (March 2025) - March 13, 2025
- PSEi Stalls Below 6,260 as Market Awaits Political Shift - March 12, 2025
