Should long-term investors consider accumulating WLCON now, or is it too early? We review WLCON’s charts and apply the Hybrid 10-Step Strategy to decide.
Contents:
- Introduction
- Hybrid 10-Step Strategy Review
- Final Stock Recommendation
- Next Steps
- Layered Accumulation Plan
- Evaluation of Adherence to Strategy
WLCON (PSE) Daily Chart – Multi-Timeframe Breakout Confirmed as of June 13, 2025
WLCON (PSE) Weekly Chart – Multi-Timeframe Breakout Confirmed as of June 13, 2025
WLCON (PSE) Monthly Chart – Multi-Timeframe Breakout Confirmed as of June 13, 2025
📍 I. Introduction
TRADE DETAILS
Date: June 13, 2025
Stock: Wilcon Depot, Inc. (WLCON)
Exchange: Philippine Stock Exchange (PSE)
Timeframes: Daily, Weekly, Monthly
Closing Price: ₱7.68
High: ₱7.80
Low: ₱7.47
20-MA (Daily): ₱6.57
200-MA (Daily): ₱11.60
After a long and steep downtrend, WLCON has shown signs of reversal on all three timeframes. A recent daily breakout attempt above the short-term moving averages has caught our attention. We now evaluate it using the Hybrid 10-Step Trading Strategy 5.0 – Long-Term Focus Variant.
✅ II. Hybrid 10-Step Trading Strategy 5.0 – Long-Term Focus Variant Review
1. Market State & Trend Context
Monthly and weekly charts confirm a prolonged downtrend, but recent candles suggest a possible base forming. Daily chart momentum is turning up.
➡ Verdict: HOLD/WAIT (Trend Turn Underway)
2. Price Position & Value Zones
Price is still below the 200-day MA but has reclaimed the 20- and 50-day MA. On the monthly, it trades well below long-term value levels (₱15–22).
➡ Verdict: BUY (Undervalued, Early Recovery Zone)
3. Power Bars & Volume Confirmation
June candles on all timeframes show bullish intent with above-average volume. Daily bar shows volume spike on breakout.
➡ Verdict: BUY (Volume-Confirmed Turnaround)
4. Entry Confirmation (Fundamental & Technical)
While fundamentals remain pressured due to retail sector weakness, the technicals suggest a tactical low is in.
➡ Verdict: BUY (Technical-Driven Recovery Trade)
5. Stop-Loss / Thesis Violation Point
Soft stop around ₱6.30, below short-term moving averages. Violation here would negate early uptrend attempt.
➡ Verdict: BUY with Soft Stop
6. Color Change / Reversal Signals
Green candles now dominate after months of red, signaling reversal in character. Monthly candle has broken prior month’s high.
➡ Verdict: BUY
7. Profit-Taking Strategy
Target zones:
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Partial: ₱9.50–₱11.00
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Full: ₱13.00+ if sustained
➡ Verdict: BUY (Strong R/R Potential)
8. Re-Entry Plans
Re-enter near ₱6.80–₱7.00 or if new base forms above ₱8.00.
➡ Verdict: Prepare Re-Entry Strategy
9. Position Size Strategy
With a ₱6,000 capital and 100-share board lot, plan for 3 layers of ₱2,000 each. Start with test buy, then accumulate.
➡ Verdict: BUY SMALL (Layered Plan)
10. Ethical/Counter-Trend Opportunities
No ethical concerns. Retail-related recovery could play out in 2025.
➡ Verdict: BUY
🚀 III. Final Stock Recommendation
Final Stock Recommendation: BUY
📅 Recommendation: Accumulate between ₱7.00–₱7.70 as a technical turnaround continues with volume confirmation.
🔢 Risk Management: Monitor support at ₱6.30. Violation would require thesis reassessment.
💰 Profit-Taking Strategy: Trim around ₱9.50–₱11.00; exit fully at ₱13.00+ if monthly trend confirms.
📆 Position Size Strategy: Start with 100 shares (~₱760), then add 100 shares each if pullbacks hold support or breakout above ₱8.00 occurs.
🔄 IV. Next Steps
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Short-term traders: Watch for confirmation above ₱8.00 for swing trade continuation.
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Long-term investors: Begin layering near current levels; treat this as early stage of value recovery.
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Existing holders: Hold positions; consider adding near ₱7.00 if pullback occurs.
🧩 V. Layered Accumulation Plan for WLCON
(Based on Php6,000.00 Capital and 100-Share Board Lot)
🔹 Layer 1 – ₱2,000.00 → Entry Zone: ₱7.60–₱7.70 (Initial Buy)
🔹 Layer 2 – ₱2,000.00 → Entry Zone: ₱7.00–₱7.20 (Pullback Entry)
🔹 Layer 3 – ₱2,000.00 → Entry Zone: Breakout above ₱8.10 (Momentum Add-On)
Plan total = 300 shares
Estimated average = ₱7.40 if executed fully
📊 VI. Evaluation of Recent Action for Adherence to the Hybrid 10-Step Trading Strategy – Long-Term Focus Variant
Score: 87/100
Most of the steps confirm a valid early accumulation signal. The only reason for not scoring a full BUY is the absence of a fully confirmed trend reversal on the monthly timeframe, which still suggests caution. However, the strong daily/weekly volume and structure justify the current BUY stance with layered accumulation.
🚨 Final Thought: Patience is key. This is the “value phase” where long-term accumulation matters more than momentum chasing. Stick to layers, respect soft stops, and allow time for trend maturity.
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
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