LTR 3.41% 85.0¢ liontown resources limited

New TA/Charting, page-5767

  1. 6,271 Posts.
    lightbulb Created with Sketch. 2220
    Hmm, I probably won't get any brownie points for this, but hey reality is what counts.
    After reaching my $1.168 target, it now looks as if the high for this wave is in and that the pullback foreshadowed is actually taking place. So the question is, if correct where will we find the next low or should I say the next higher low be?
    I thinking a relatively shallow retrace could do the trick here. So as indicated before the logical thing would be to back test the Re-Accumulation breakout line at $1.03. Fibonacci would suggest about $1.045 or even a test of the magic $1 mark.
    However as I mentioned before the next low IMCO is simply the starting point for the next leg up. So in reality I'm looking forward to that point in time, because it will allow for further projections towards any future targets within wave iii up and 5 up for (5) up.
    https://hotcopper.com.au/data/attachments/3561/3561221-8dd56fe7544dcd1e5b7c4a031142462b.jpg

 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
85.0¢
Change
-0.030(3.41%)
Mkt cap ! $2.061B
Open High Low Value Volume
88.0¢ 88.5¢ 85.0¢ $9.549M 11.08M

Buyers (Bids)

No. Vol. Price($)
46 599201 85.0¢
 

Sellers (Offers)

Price($) Vol. No.
86.0¢ 100953 8
View Market Depth
Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.