LTR 3.91% $1.33 liontown resources limited

Hard to believe 47.5¢ Target is on the Horizon...., page-76

  1. 580 Posts.
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    Not sure what the purpose of the post that you have chosen, but here are a few pre-market stock graphs that show a similar picture.

    Amazon

    https://hotcopper.com.au/data/attachments/4116/4116915-60f6e5ae4cb8a8ebb055637db9f8b277.jpg

    APPL
    https://hotcopper.com.au/data/attachments/4116/4116918-accf226b4ebe359c6ee9e0fc9cc2b15b.jpg

    GOOGL
    https://hotcopper.com.au/data/attachments/4116/4116922-a3b8124a2d6d0d830070986f2058db16.jpg

    MSFT
    https://hotcopper.com.au/data/attachments/4116/4116925-e7727508c56d7894fe7e41be2b3821d6.jpg

    TSLA
    https://hotcopper.com.au/data/attachments/4116/4116928-e7727508c56d7894fe7e41be2b3821d6.jpg

    I could go on with pre-market US charts. But what does that tell us? That in any given 24 hour period there could be massive swings in price action due to exogenous events

    Here is another graph that traders of LTR follow that doesn't fit the premarket pattern.

    REMX
    https://hotcopper.com.au/data/attachments/4116/4116935-b8c19cbf5ce7fbaaae6ba6af873f5de5.jpg

    Why? Probably because it is not traded premarket. Who knows?


    The main point is - perspective. If you want to day trade or swing trade possibly look at these charts and become adept at TA. If you want to hold for longer period you may possibly want to learn to read TA as well as FA in combination.

    My general question still holds, why focus on short term (daily) events given the macro drivers at present - interest rates, inflation, supply chain, Russia, China (possibly), general political and societal unrest, etc?
 
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