RLC - gap up to test previous gap down
DCL #6011: Robinsons Land Corporation
Investors at two of Robinsons Land Corporation’s prime properties, One Gateway Place and One Adriatico Place, recently experienced the rush that comes with no less than stepping into one’s new home. Unit owners can now officially call their investments their own as the two properties are fully complete and ready for occupancy. During turnover, which was accomplished two months ahead of schedule, the new residents could not hide their excitement over their realized investments. For the Robinsons Land Corporation (RLC), these sentiments of achievement are mutual, since for the developer, every new project is an investment as well. With a grand vision in mind and their respective cores – Robinsons Galleria and Robinsons Place Ermita – already intact, RLC proceeded to building places to house, literally, the hundreds of people who frequent their malls, office buildings, and surrounding establishments in a day. Strategically located in two of the metro’s most central areas of commerce and commute, Pioneer, Mandaluyong and Ermita, Manila, One Gateway Place and One Adriatico Place were worthy investments from the onset. Mybelle Aragon-Gobio, VP for business development articulates the company’s main vision and purpose as “the challenge to provide high quality projects that are attuned to the needs of the market”. She says, “If the demand is for affordable residences, our activities from site acquisition to project conceptualization down to construction are all guided by the parameters of our target clients. If there is a demand for upscale premium projects, we likewise adjust our project parameters to suit the preferences of the upscale segment. The common denominator in our projects though is quality, whatever type of product we undertake.” The company has, as always, not only achieved this vision, but also witnessed its true value to the market as investors came ringing in during the properties’ pre-selling stages and especially during turnover of the units. One Gateway Place and One Adriatico Place are products of a successful business model RLC pioneered here in the Philippines –the mixed-use development.
RLC = 18 (4.3%)
RLC formed a gap up with big volume to test the previous gap down which is impeding the price movement of RLC.
Support: 17.75 - upper limit of gap up
Resistance: 18 - lower limit of gap down
Good luck to all RLC traders!
Investors at two of Robinsons Land Corporation’s prime properties, One Gateway Place and One Adriatico Place, recently experienced the rush that comes with no less than stepping into one’s new home. Unit owners can now officially call their investments their own as the two properties are fully complete and ready for occupancy. During turnover, which was accomplished two months ahead of schedule, the new residents could not hide their excitement over their realized investments. For the Robinsons Land Corporation (RLC), these sentiments of achievement are mutual, since for the developer, every new project is an investment as well. With a grand vision in mind and their respective cores – Robinsons Galleria and Robinsons Place Ermita – already intact, RLC proceeded to building places to house, literally, the hundreds of people who frequent their malls, office buildings, and surrounding establishments in a day. Strategically located in two of the metro’s most central areas of commerce and commute, Pioneer, Mandaluyong and Ermita, Manila, One Gateway Place and One Adriatico Place were worthy investments from the onset. Mybelle Aragon-Gobio, VP for business development articulates the company’s main vision and purpose as “the challenge to provide high quality projects that are attuned to the needs of the market”. She says, “If the demand is for affordable residences, our activities from site acquisition to project conceptualization down to construction are all guided by the parameters of our target clients. If there is a demand for upscale premium projects, we likewise adjust our project parameters to suit the preferences of the upscale segment. The common denominator in our projects though is quality, whatever type of product we undertake.” The company has, as always, not only achieved this vision, but also witnessed its true value to the market as investors came ringing in during the properties’ pre-selling stages and especially during turnover of the units. One Gateway Place and One Adriatico Place are products of a successful business model RLC pioneered here in the Philippines –the mixed-use development.
RLC = 18 (4.3%)
RLC formed a gap up with big volume to test the previous gap down which is impeding the price movement of RLC.
Support: 17.75 - upper limit of gap up
Resistance: 18 - lower limit of gap down
Good luck to all RLC traders!
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