Jaycee De Guzman
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LT Group, Inc. (PSE:LTG) is priced at ₱11 per share as of 03:30 PM GMT+8 on December 3, 2019. It is down by 4.35 percent.

The Total Turnover Value is at ₱38,910,892.00. The foreign traders are the main drivers of LTG today.

Foreign investors registered a Net Foreign Selling worth ₱11,792,902.00. They are net sellers year-to-date.

The immediate support is near ₱10.45, while the immediate resistance is near ₱12.00.

My 10SMACD combo is bearish.

LTG’s risk level is moderate due to its historical volatility score of 62.8 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 11
VWAP: ₱11.28866
Dominant Range: ₱11.62 – ₱11.7

The Momentum Power Indicator of LTG is bearish because all of 4 elements are bearish.

True Market Sentiment – EOD

True Market Sentiment on LTG as of Dec-03-2019 at 03:30PM, with a last price of ₱11.0
True Market Sentiment: NEUTRAL
8 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱11.2649
Top 10 Players’ Selling Average: ₱11.4027
Bonus Info:
15 out of 29 participants or 51.72% of all participants registered a 100% BUYING activity
7 out of 29 participants or 24.14% of all participants registered a 100% SELLING activity

True Market Sentiment – WTD

True Market Sentiment on LTG from Dec-02-2019 to Dec-03-2019 at 03:30PM, with a last price of ₱11.0
True Market Sentiment: BULLISH
8 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱11.3635
Top 10 Players’ Selling Average: ₱11.3591
Bonus Info:
17 out of 34 participants or 50.00% of all participants registered a 100% BUYING activity
6 out of 34 participants or 17.65% of all participants registered a 100% SELLING activity

Recommendations

Do you have LTG in your portfolio already?

The only logical reason why you should still have LTG in your portfolio is that it’s still trading above your trailing stop. You’re trying to be comical if you’re holding your position on LTG for a reason other than that. I don’t care even if it turns out that it’s the most undervalued stock in the Milky Way Galaxy. The bottom line is, don’t hold a stock that’s already trading beyond the percentage of risk that you can truthfully handle.

If, and only if, it’s still trading above your trailing stop, I suggest that you reduce your percentage of risk on LTG. Sell one tranche if your total position is relatively sizable. You can use that cash to buy back once the confirmed buy signal is up.

Now, if you’re going to average down because you think this is an opportunity to buy more for less, you may replace Mr. Bean in his show.

“There’s no confirmed buy signal,” I said.

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

Please don’t. Wait for the 10SMACD and Momentum Power Indicator to become bullish. It is yet to be confirmed and see if this bullish True Market Sentiment week-to-date can help in maintaining LTG’s price above the resistance at ₱12.00.

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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