Two Paths That Lead To Buying LR

Take a look at this LR chart.

September lang nagkavolume ng malakas.

Umaakyat ng malaki.

May dalawang path ang traders when they traded LR.

PATH 1

Research.

If nagresearch ka kay LR ay alam mo na magpapalit sila ng pangalan into DigiPlus Corporation.

If tinindihan mo ang reseacrh mo ay nalaman mo din na naapproved ng board na mag issue ang LR ng 691 Million shares para sa private placement.

The 691,200,000 common shares will be subscribed by the following at P1.70/share or 5% above 30-day volume-weighted average price (VWAP) prior to the stockholders’ meeting:

1. Clearspring Holdings Corporation – 330,600,000 shares;
2. Belvedere Skies Asset Holding Opc – 330,600,000 shares; and,
3. Tucket Holdings, Inc. – 30,000,000 shares.

PSE Disclosure: (https://edge.pse.com.ph/openDiscViewer.do?edge_no=d5114ba621f5c71d3470cea4b051ca8f)

News: https://agbrief.com/news/philippines/29/09/2022/lrwc-raises-20m-to-fuel-upgrades-expansion-boracay/

Ang pera ay para sa upgrade infrastructure, expand operations, and revisit Boracay, as markets reopen

If nagresearch ka pa some more ay alam mo na naging positive ang EBITDA ng LR noong second quarter.

LRWC Q2 Results: Earnings realize complete flip, achieving positive EBITDA for 2Q 2022 since COVID-19

PSE Disclosure: (https://edge.pse.com.ph/openDiscViewer.do?edge_no=b60bba0ebcaaee3e3470cea4b051ca8f)

If you took your time and did your research ay makikita mo ang opportunity to buy LR and you would enjoy a good profit now.

PATH 2

Yung second path naman ay totally opposite ng first path. Walang involved na research sa path na ito.

Ang path na ito ay technical analysis.

Nakita mo na lumakas ang volume.

Inapplyan mo ng strategy mo.

You buy, accept the outcome and get out.

Sa path na ito ay hindi ka nagrerely sa “baka” or “it might” na thinking. Di mo pansin ang news. If may totoong galaw ay magpapakita yan sa chart and it did.