Stock in Focus: Leisure & Resorts World (LR)

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Leisure & Resorts World Corp. (stock symbol: LR) has been isolated and stuck in a multi-month range (5.60-7.00) since June.

The MACD Oscillator (MACD-O) is still above the zero level, but this could change if 6.00 breaks.

TP’s Advice: There are no signs of improvement yet, so you should avoid this stock for now.

LR Daily chart, January 17, 2014

LR Daily chart, January 17, 2014

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