I haven't come across you before @Rainman56 but in past Education threads I've quite often mentioned Tom Williams work with Wyckoff and volume/spread anaylsis. Also Anna Coulling. You seem to have an open mind which is what is required in charting so give them a go if you haven't already.
I've often posted the waste of energy in applying some sort of logic to windows (gaps) always expected to close. They are nothing more than support/resistance levels created by excitement or intent by market participants, either bullish or bearish . Once you convince yourself they will always close then that's all you will ever see. Confirmation bias.
I do have to say though why trade LTR ? Brokers have a price around $1.30 as fair value and at this level the leverage is quite poor for a trader. Swings of 5 to 10% are just a waste of time. Just a thought, invest for the long term if you feel it's worth it.
I haven't come across you before @Rainman56 but in past...
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Last
$1.21 |
Change
0.090(8.04%) |
Mkt cap ! $2.933B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.21 | $1.14 | $15.28M | 12.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 59357 | 5 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.20 |
Change
0.090 ( 5.97 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.20 | $1.14 | 2707636 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| LTR (ASX) Chart |