LTR 1.72% 88.5¢ liontown resources limited

New TA/Charting, page-5906

  1. 6,271 Posts.
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    Even though you might get disappointed, I share your believe that the area between $1.12 to $0.865 would be a very good area to enter LTR or pyramid one's holding. However the one big question I have will most of our fellow shareholders wait for those levels to arrive before toping up their holdings? Now that we have had some funds ETFs etc barnstorming the LTR register, you would require those too to sit idle by to await those levels, wouldn't you?

    Than there is the other possibility that the current retrace/correction is simply that a correction of wave iii up, a Fib 38.2% wave iv down move, as is common, before another advancement for wave v could happen, in line with positive announcements LTR holders are expecting to happen, like the DFS for KV as just one example. As I explained and outlined in numerous and ongoing posts, that would be my considered opinion, which I currently hold. So I see TA and FA alining, which is usually a pretty powerful argument.

    However I'm interested to see and consider your reasoning for a correction to that SP area you mentioned.
    Last edited by FlashPoint: 01/10/21
 
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