LTR 8.28% 78.5¢ liontown resources limited

New TA/Charting, page-5832

  1. 807 Posts.
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    Should be in an interesting few trading days ahead.

    I think we could form a new base and consolidation > $1.48 before the next leg up or we'll have a pull back down to $1.15 - $1.35 with further consolidation. The current price is outside some wide bollinger bands and the RSI is quite high. The RSI is at the same level that it has peaked at in the past couple of years but it could settle on some minor consolidation like we saw today. In saying that, if there is something bigger going on behind the scene then you can throw this chart out the window. And of course, this is irrelevant in the long term with LTR but will help with any anxiety in the short term wink.png

    https://hotcopper.com.au/data/attachments/3588/3588923-3ad24ebd633664404f220c2b7e4b3fc8.jpg

 
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