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 the encouragement
Thank you so much, Jaycee for your encouragement! May God blesses you even more!
Inspiring and very helpful..thanks
Inspiring and very helpful..thanks
I am now comfortable listening to just one voice
Previously, I check sentiments on Facebook before I trade. After 1 week of observation on how the Stock Signals operates, I am now comfortable listening to just one voice. Like what Jaycee said, if you’re a busy entrepreneur or employee, the Stock Signals is for you. It really is. I testify to that. I’m posting this review so that you can also see how the Stock Signals benefits me.
More power to you
Thank you for sharing your insights on the market. More power to you.
helped me in my trading decisions
Thanks for great articles, It helped me in my trading decisions and I hope to learn more.. Keep it up..
hey will help you establish the right mindset
If you’re new in stock investing and you don’t know what to do, you should try the Stock Signals. They will help you establish the right mindset and strategy in all you do. Jaycee is super helpful.
achieves both quality and quantity in his service
I can only say one thing about Jaycee De Guzman’s Stock Signals Program: BEST. He achieves both quality and quantity in his service. As the marketing head of a company here in Dubai, I know that to satisfy your customers and to beat the competitor, it’s either you increase the quality of your service or you increase the quantity of what you deliver. Jaycee has both.
Thanks bigtime!
Thanks, Jaycee. It’s a big help. Thanks bigtime! Keep it coming!
I didn't know that technical analysis could be simplified
I didn’t know that technical analysis could be simplified until I subscribed to Jaycee’s Stock Signals. I already tried various newsletter subscription services but I still didn’t have a clue on how to process what they were sending. It could be because they did not have a forum where I could ask questions for clarifications. The Stock Signals has what they are missing. You’ve won a long-term client, Jaycee!
keep up the good work!
I’m still a beginner but I’m learning fast with your articles/newsletters/analysis. thank you! keep up the good work!
- 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
