LTR 5.11% 83.5¢ liontown resources limited

LTR CHARTING THREAD 3.0...........TA ONLY PLEASE, page-1279

  1. 5,702 Posts.
    lightbulb Created with Sketch. 3802
    Grow up ole boy, i prefer to use " bearish inverted hammer stick " to " shooting star "......what ever floats your boat, its still a fake out which ever way you want to call it, so nice deflection.....wink.png

    https://hotcopper.com.au/data/attachments/3841/3841096-ba9472ee7700fe79c50731efd76f353d.jpg
    7 attempts to break 196 resistance.............on the daily with a bearish inverted hammer stick or shooting star, call it what you will, its still bearish...wink.png


    https://hotcopper.com.au/data/attachments/3841/3841168-5aba36ff5cd8320463f516d5d113bc02.jpg
    Triple top 196 on the WEEKLY chart, with a long upper wick candle on Friday ..........fake out / fail.

    https://hotcopper.com.au/data/attachments/3841/3841221-89eeb10db74ad23a4b155597211bb411.jpg
    No matter what you want to call your candle whether it be daily weekly, monthly, the wicks on the candle tell your story, failure to better 196 resisance and ATH, with the monthly chart displaying the most notable weakness of all, miles above the upper bollie and RSI 14 with a reading of 94.

    Now the MACRO is turning sour........and LTR doesnt have any FA to offer up due to KV being an ORPHAN.

    Bearish indeed.

    imo














 
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