LTR briefly climbed to $1.030 this week before retreating to $0.930 per share. From a technical standpoint, a golden cross has formed on the daily timeframe, typically a bullish signal,though it's common for price action to pull back before the next upward move. Based on this pattern, the share price may retrace to around $0.910 in an optimistic scenario, or down to $0.880 in a more conservative case.However, if lithium commodity prices continue to rise and geopolitical conditions remain stable, LTR could advance towards $1.50, potentially by year-end barring any significant negative developments. Naturally, the price would need to break through the $1.050 level first before making a push towards that target.
LTR Price at posting:
90.5¢ Sentiment: Hold Disclosure: Held
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