Hard to believe 47.5¢ Target is on the Horizon....

I was looking at getting into a position with LTR....

But I did some technical analysis and unfortunately LTR is a long-term Downtrend.

in the coming months first target $1 with a small term bounce before the inevitable drop to around 47.5¢.

"Madness" you are shouting I know guys but I just follow the charts and they indicate heavy falling is coming...

when we go below $1.30 in the next 2 weeks I will give some further updates.

The ASX as a whole is going to become a blood been the only shares I see pumping are a few precious metals and energy stocks tbh...