There is no reason to challenge any level around 36 to 36.5 - no amount of volume and spread analysis makes that level any different from any other level. So I would call it a stab in the dark.and the resultant move wishful thinking.
Why would you possibly think LTR is being accumulated by any stretch ??? One of the confirming indicators of absorption is failed springs and there have been numerous since the upthrust which signalled the downturn. Yet you wish for another? I don't think you understand absorption and how to trade it at all.
What you have got fairly good at though is "hedging" your possible outcomes.
New TA/Charting, page-5056
-
- There are more pages in this discussion • 10,278 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.01 |
Change
0.015(1.52%) |
Mkt cap ! $2.437B | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | $1.04 | 96.5¢ | $12.25M | 12.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 250234 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 51730 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |