LTR 4.15% $1.01 liontown resources limited

New TA/Charting, page-14220

  1. 258 Posts.
    lightbulb Created with Sketch. 165
    I was saying this during AZS days and i'll say it again here ... the chart does not change what's in the ground and the fundamentals of the company. It doesn't change who controls the company and who wants to take over the company.

    You can look at the chart and make money short term, or you can consider what the end game of LTR is.

    Since this is a charting thread, i'll keep my post relevant.

    Observations on the Daily Chart
    - Breakout followed by gap fill at 1.175. SP then gapped up, creating another gap + hourly RSI getting heated + SP out of the band = 7% Pullback.

    https://hotcopper.com.au/data/attachments/5975/5975069-f7eef8f087d250df0a59d4cefb7ed08e.jpg

    Observations on the Hourly Chart
    - Today may confirm whether the RSI has pulled back enough, SP finding support on MA and back within the bands.

    https://hotcopper.com.au/data/attachments/5975/5975075-f7eef8f087d250df0a59d4cefb7ed08e.jpg

    Are we here playing pips or here to be a part of a deal.

    GLTA.
 
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$1.01
Change
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Mkt cap ! $2.455B
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97.5¢ $1.02 97.0¢ $12.06M 12.08M

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LTR (ASX) Chart
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