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.
makes me more interested in learning the technicalities of trading
Hi sir Jaycee, I am a newbie guy in the stock market, although I entered it some 2 years ago, putting tiny bits of earned money in my Col Account. Even so, it didn’t earn anyway except that nakatsamba ako ng konti sa DD(pero luge naman sa rest of the stocks). I don’t have an idea how it happened and would like to know how market behaves and how to beat that behavior so that I can make the tsamba happen again (it would not be tsamba anymore diba). Your free help (free emails) makes me more interested in learning the technicalities of trading. Somehow it connects to the newbie state of my brain and keeps the fire burning.Thank you!
very informative
I am new to Stock Market but I found your articles very informative.
helps me understand what to check
I came across your site via Investagrams as I was also observing how people analyze stocks. I was glad I saw Stock Signals as Jaycee’s analysis helped me understand what to check out when deciding in buying and selling your chosen stocks. I was immediately convinced to avail his plan as I want to learn more given I have a busy schedule with work also. Looking forward to your daily newsletter and if given more time, I want to backread all your articles.
better than Truly Rich Club
I came across Stock Signal when looking for TRC reviews, I find yours better, but I am skeptical to subscribe, so I register for a free subscription which is so far informative and helpful, a daily dose of knowledge I just needed to keep intact with my goals as an investor. I hope I can find strong reasons to completely subscribe to Stock Signals.
been really a fan of how you present your analyses
Hi Sir Jaycee, Been really a fan of how you present your analyses. Having the activities per stock& broker (i.e. Foreign and Local) is a very nice consideration for our trades. Thank you for having them recorded for us. Though I’m a free subscriber for now, I make it sure to read your mails/blogs in the morning during breakfast and evening before going to sleep. Wondering how much more that would be if i finally subscribe and be your official follower. I’ll be assessing my costs/losses vs the gains that i incur so i could decide to subscribe soon.. Please keep it up!
helpful
As a long-term investor, stock and investment reviews are helpful like what you provide. Thank you.
I really learned a lot
Hi Jaycee, I’m a newbie in stock trading, but when I subscribed to your free newsletter, I really learned a lot. I will definitely subscribe to your premium soon.
the contents are very informative
Hi, Jaycee. Thank you for sending your newsletters for free. I would say the contents are very informative. I’m learning the methods you implicitly show on each article. Keep up the good work. I admire the enthusiasm.
thank you for helping us
I really appreciate your analysis in stock trading. Please continue writing and please advise reading materials for our reference. It’s nice to have someone like you helping us some insights regarding the stock market. Keep it up. God bless
very good insights on trading...
very good insights on trading…
- 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
