It's been a month since my last post, and it seems there's good news to report.
There's been a battle at 28c support level, and it seems that it has prevailed. Very brief SP action under 28c can be described as a false break.
It still may be likely for the SP to test 28c level one more time before advancing on 33c, 35c, and 40c levels of resistance. But these levels can be achieved quickly as the chart shows that those kind of moves have happened regularly in the past (3 big moves in 2 years).
So for LTH the winter may be coming to an end.
Here's a close up of daily SP action, where we can see that the savage downtrend has been broken.
Change of sentiment to a "cautious" buy. For full disclosure, I topped up at 26.5c,
LVT Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
