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.
thank you so much for your encouraging words of advice
Thank you so much for your encouraging words of advice. God bless you always.
Great knowledge-investment
This is a great knowledge-investment webinar for everyone.
Precise, simple and easy to understand which every filipinos can understand in different walks in life. Regardless if you have a day job, entrepreneur and working overseas, you can invest in the Phlippine stock market! Thru d help of our passionate gurus like sir jaycee and sir nino, you can learn the basics and start investing too!
Thank you sir jaycee and sir nino for a wonderful webinar. I hope that you will continue to do ur passion in helping a lot of filipinos in the world of stocks!. God bless.
discipline, psychology, and strategy all in one subscription
I’ve been an investor for 9 months but not once did I feel any direction in what I was doing until I subscribed to the Stock Signals. The Stock Signals should be the very first investment you should get before you start trading the market. You’ll learn discipline, psychology, and strategy all in one subscription.
Thank you so much...
I found your newsletter of much help for a newbie like me in the stock market. Thank you so much…
good content
Hi Jaycee, Thanks for regularly coming out with updates. These help me to focus my research on potential positions. You have good content and please keep it up!
every article from you is a big help to me
Thanks sir.. every article from you is a big help to me.. keep on sending..
again thank u.
It's very comprehensive
I have learned a lot from Jaycee’s analysis. It’s very comprehensive. Much more detail is being dug to further understand what is going on in a stock which might help us what could possibly happen on the next trading day. Awesome insights!
More power to what you're doing
Thanks a lot, Sir Jaycee and god bless. More power to what you’re doing, it really helps a lot. I hope still can continue with your program and learn more from you about investing.
Best Regards,
Aldrin
Very good guide
Very good guide
very informative for newbies like me
Sir Jaycee,
Good day! I am one of your followers when it comes to investing. I find it very informative for newbies like me. I would like to upgrade my account to Serial and Super Investor to view your Top Stock Picks. Thank you very much.
Regards,
Poll
- 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
