LTR 2.16% 90.5¢ liontown resources limited

New TA/Charting, page-5603

  1. 6,271 Posts.
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    Given the numerous large buy orders having gone through, followed immediately by quite small sell orders, I'm still of the opinion that LTR is in a Re-Accumulation phase. If correct Friday's CS, seen after a decline, that possibly triggered some stop losses on its way down, may signal panic or capitulation, a final sell off before bulls may regain control. I marked it as a possible Spring*
    (* A form of a test of a trading range. Characterised by pushing pricesbelow support by the CO-Composite Operator in order to check the status of supply.The market’s response to the Spring indicates the nature of supplyand demand forces for the near future.)

    Yes @crustymagyver I also see 82c as the next level of support, but so is 84c, so come Monday we will see if it is tested or if 84c holds. Be that as it may, based on the above, I would expect a turnaround, if not Monday then very soon there after!

    https://hotcopper.com.au/data/attachments/3495/3495220-47f196ebcf4674beb39a417b2f2be2f8.jpg

 
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Last
90.5¢
Change
-0.020(2.16%)
Mkt cap ! $2.194B
Open High Low Value Volume
91.0¢ 93.5¢ 89.0¢ $26.09M 28.68M

Buyers (Bids)

No. Vol. Price($)
7 472933 90.0¢
 

Sellers (Offers)

Price($) Vol. No.
90.5¢ 446423 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LTR (ASX) Chart
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