LTR 1.84% 83.0¢ liontown resources limited

New TA/Charting, page-11811

  1. 13,816 Posts.
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    Who knows we may well be both wrong rolleyes.png

    And, if i was wrong I would be the first to admit it, as I am not prone to hyperbole and am human after all. I have no vanity, nor an innate sense of superior knowledge with regard to charting. For what it is worth my chart uses the weekly cycle and the other poster uses the daily- whereas IMO the daily chart is irrelevant to the long term trend given that any number of factors can affect the daily price whereas the weekly chart tends to have less noise.

    Seeing that LTR is a year away from from being income producing it will not achieve exponential price forward movements (IMO) until nearer to that time...for a comparison simply peruse the PLS chart (which I also post about periodically) and look at how it moved up until it was generating income and thereafter.

    LTR holders will eventually be rewarded (IMO) but these things take time.

    As Leo Tolstoy said “The two most powerful warriors are patience and time.”

    All the best and sorry to have so verbose here but I felt it imperative to expand upon my thoughts

    Cheers

    V
 
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