Jaycee De Guzman
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Berjaya Philippines, Inc. (PSE:BCOR) closed at ₱4.02 per share as of 03:30 PM GMT+8 on December 9, 2019. It went up by 7.77 percent.

The Total Turnover Value was at ₱17,936,100.00. The foreign traders were the main drivers of BCOR today.

Foreign investors registered a Net Foreign Selling worth ₱173,280.00. They are net sellers year-to-date, but their participation is insignificant.

The immediate support is near ₱3.50, while the immediate resistance is near ₱4.50.

My 10SMACD combo is bullish.

BCOR’s risk level is high due to its historical volatility score of 88.06 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 4.02
VWAP: ₱3.93249
Dominant Range: ₱3.9 – ₱4.02

The Momentum Power Indicator of BCOR is bullish because all 4 of 4 elements are bullish.

True Market Sentiment – EOD

True Market Sentiment on BCOR as of Dec-09-2019 at 03:30PM, with a last price of ₱4.020
True Market Sentiment: BEARISH
3 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: ₱3.9175
Top 10 Players’ Selling Average: ₱3.9263
Bonus Info:
2 out of 38 participants or 5.26% of all participants registered a 100% BUYING activity
16 out of 38 participants or 42.11% of all participants registered a 100% SELLING activity

True Market Sentiment – MTD

True Market Sentiment on BCOR from Dec-02-2019 to Dec-09-2019 at 03:30PM, with a last price of ₱4.020
True Market Sentiment: BEARISH
3 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: ₱3.5037
Top 10 Players’ Selling Average: ₱3.5034
Bonus Info:
0 out of 60 participants or 0.00% of all participants registered a 100% BUYING activity
20 out of 60 participants or 33.33% of all participants registered a 100% SELLING activity

Recommendations

Do you have BCOR in your portfolio already?

This is what you call “riding the bulls”. Make sure that you do an upward adjustment on your trailing stop every time BCOR registers a higher prevailing price. However, you need to be extra careful in trading BCOR, if you’re a newbie, since it already has a high risk level based on its historical volatility score of 88 percent. Plus, the True Market Sentiment on the EOD and MTD are both bearish. Profit-taking might happen any time soon. Have a stress-free trading experience by being self-aware of your trailing stop.

You don’t have BCOR yet but are you planning to enter a new position?

BCOR is not a newbie-friendly stock anymore, risk-wise. It’s already halfway through the distance between the immediate support and immediate resistance. Your reward-to-risk ratio doesn’t look nice, especially if you’re a newbie trader. It’s best to monitor this BCOR for “case study” purposes for now, especially if you’re testing the lessons I’ve taught you through our online stock market course which I call The Evergreen Strategy in Trading and Investing in the Philippine Stock Market.

If you’re one of our subscribers, ask for our latest analysis and recommendation in our Private Clients Forum whenever you need to.

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