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.
such a brilliant person and mentor
Hi sir Jaycee. Good day to you. Thank you for all the hard work you did, for being such a brilliant person and mentor. Super thankful po sa mga binibigay nyo na ”BUY SIGNAL” everyday and personal emails pag meron pong ”sell alert”. All the blog /info you wrote everyday about stocks, support and resistance, appreciate it so much.Malaki na po ng lost ko sa stock investing before po ako nagpa member dito sa inyo. I wanted to quit na sana before, but THANK GOD I found your blog. You save me from losing all my money. Dahil po sa inyo unti unti ko na po na recover ang lost ko. Million thank you po talaga.More power to you sir. God bless!
I hope more newbies will come across your daily articles
Your insights are a welcome relief to people who have losses because of hyped up stocks. I hope more newbies will come across your daily articles and learn to trade the right way.
Thank you hope you continue to do this job
Everything is great and wonderful. It’s been like I’ve been receiving a costly research for free from Jaycee. Thank you hope you continue to do this job, for the sake of the newbies like us. Have a great day always, more blessings to come and profit bro.
Wow. Very thorough.
Wow. Very thorough. Will review the links posted. Realized there’s so much more I need to know! Thank you, Jaycee.
Very helpful and informative
Very helpful and informative, Sir Jaycee. It helps me in maintaining my portfolio green.
The level of detail that you deliver is so helpful for me
Sir Jay, up to now, I’m still in great awe as to how you manage the Stock Signals Program for us. The level of detail that you deliver is so helpful for me. You explain your daily analysis in my level of understanding. You’re a total opposite of the other newsletter-based programs I had joined prior to your program. The more newsletters they sent, the more confused I was. But the more you write, the clearer it gets. I think I would still remain as your subscriber even when the subscription fee goes back to 1000 pesos a month. What you’re providing is definitely worth more that. God bless you more Sir Jay. – Misael
very helpful to me and for the other newbies
Thank you very much, Sir Jaycee. This info was very helpful to me and for the other newbies as well.
problem solved ako
Bilang isang OFW medyo challenging sa akin ang pagiinvest sa stock market. Kahit may internet ako at pwedeng magresearch nosebleed pa rin minsan. Kahit basahin ko ng basahin, kung walang mageexplain sa akin wala rin. Pero because of the Stock Signals of Mr. Jaycee, problem solved ako. May guidance sa Top Stock Picks. Kapag di ko maintindihan, pwede pang magtanong sa forum o kaya magbasabasa dun sa mga tanong ng iba na nasagutan ni Sir.
accurate stock information
Almost accurate stock information with corresponding data to back up the analysis. Surely this has helped me from my beginner’s experience as an investor for stock market. Thanks
Very helpful thanks!
Very helpful thanks!
- 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
