Breakout Alert 9: $LAND (Update 2017-08-16)

On August 14, 2017, $LAND broke out from a beautiful cup and handle pattern accompanied by huge above-average volume. Its current exit price is 1.31/share. Buy above exit price, sell immediately when it falls below. And please, do beware of the ghost month.

Pros:

• Beautiful cup and handle pattern.
• Trending up since December of 2016.
• Gross revenue for the first half of 2017 rose by 40% (based on its 2nd quarterly report).
• The previous candles were green despite the PSEi succumbed to profit taking last week.
• "Future revenues are expected to increase due to the sale of One Taft Residences, which will be realized upon reaching the preliminary construction activities." - From the Results of Operation (June 30, 2017 vs June 30, 2016) section of the attached file of their 2nd quarterly report.

Cons:

• Ghost month is fast approaching.
• Net income and net profit margin for the first half of 2017 decreased by -9% and -35% respectively.

Update (August 16, 2017):

Exit price now at 1.33/share.

CAVEAT EMPTOR