LTR 0.54% 92.5¢ liontown resources limited

New TA/Charting, page-12153

  1. 6,271 Posts.
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    I'm not sure if the following chart of the LIT Global X will help you/us, however if you/we compare it to the charts you posted you/we may understand that the single stocks follow the bigger picture, because the LIT peaked in November 2021 and is falling/correcting ever since. In April 2022 it experienced a death cross of sorts the 100 SMA diving below the 220 SMA, while price action also got rejected for higher prices.
    Only in August 2022, that where most of you charts seem register a SP high, did the LIT registered a high, which as it happened was a LH - IMCO the high of wave B up. Since then price again was deteriorating in a series of LH and LL for wave C down.
    Now the question is will C reach its theoretical projection at LL? or will it cut short to start another uptrend. However while this ABC correction is sorting itself out we may see some Li stocks grabbing the lead and doing their own thing by turning up. Personally I hope LTR is going to be one of those leading stocks by pushing ahead early!https://hotcopper.com.au/data/attachments/5126/5126012-600843dd1c9ae9a44abbc5f7e320e79d.jpg

 
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Last
92.5¢
Change
-0.005(0.54%)
Mkt cap ! $2.242B
Open High Low Value Volume
95.0¢ 96.5¢ 89.3¢ $31.30M 34.06M

Buyers (Bids)

No. Vol. Price($)
7 220304 92.0¢
 

Sellers (Offers)

Price($) Vol. No.
92.5¢ 159716 3
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Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
LTR (ASX) Chart
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