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John4blue

1,297 Posts.

124

12/09/23

14:59

Post #: 69827724
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Originally posted by Peter_C: ↑

What you show is the same as what I talked about, hitting the lower bound of the tunnel and rebound. So when you say "my chart", I thought you have got a different one, but it's actually a very standard chart analysis. That's why I was confused with your analysis of selling at this support level. Although it's still within the downtrend, but PEA may help break the tunnel when it's released at the right time (say when sp is back to the upper bound) to form a breakout (if it happens, the chart will form a W support for the next run). Of course I am not predicting the price, as it's impossible to do so. I just cannot understand why you're always thinking one way not the other. You may have a right prediction by chance if the lithium price keeps falling, but your prediction should not be just for Latin, it basically applies to all lithium stocks.

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thank you for reply.

indeed, it’s not my chart. I look at my monitor and all the lines that I draw.

I never said Lrs is bad. But for now chart going down. High low and next could be ….

anyway
imo

dyor

LRS Price at posting: 30.8¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 15.0¢		Change 0.000(0.00%)		Mkt cap ! $419.9M

Open	High	Low	Value	Volume
15.5¢	15.5¢	15.0¢	$780.5K	5.147M

Buyers (Bids)

No.	Vol.	Price($)
22	1140848	15.0¢

Sellers (Offers)

Price($)	Vol.	No.
15.5¢	572767	8

View Market Depth

No.	Vol.	Price($)
12	1034473	0.150
26	1459799	0.145
31	2642616	0.140
13	1092428	0.135
9	859000	0.130

Price($)	Vol.	No.
0.155	332522	5
0.160	1834320	18
0.165	1818853	22
0.170	1502034	24
0.175	1188136	14

Last trade - 16.10pm 26/07/2024 (20 minute delay)

LRS (ASX) Chart