LTR 0.00% 83.5¢ liontown resources limited

New TA/Charting, page-13943

  1. 7,208 Posts.
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    That is what it looks like currently - if so then approx 70c - problem is, irrespective of what people label it (i.e. alb need the cash) that the Alb sale is a big negative in a depressed lithium market.

    Irrespective of how good the BoD is there still remains some Capex risk through to commissioning and some teething operational risk as an UG operation - so the shorts will be emboldened by todays neg. news - I will be looking at previous unfilled gaps.

    I only hold a handful now as I sold the majority at $2.99 so given where the price now is I will wait for a turnaround knowing I won't get the bottom per se but I am am happy at where I sold so I will watch and wait for that time as and when it comes - I learnt from the past that I am not very good at catching falling knives
 
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