LTR 1.61% 61.0¢ liontown resources limited

LTR CHARTING THREAD 3.0...........TA ONLY PLEASE, page-432

  1. 5,702 Posts.
    lightbulb Created with Sketch. 3802
    https://hotcopper.com.au/data/attachments/3380/3380823-9690b2eb36ca58bb5d21c9835d67c388.jpg
    Surely blind freddy can tell that LTR is going thru a post wave 5 up, ABC correction, unless of course you have confirmation bias and loaded to the gills, which sadly, most punters do on LTR threads, so hopefully the newbies didnt get sucked in by the master pumpers and listened to other POV, cause i did warn that there was little reward in getting into LTR where it was and now here is your proof.

    So looking at the chart, the top yellow arrow is pointing at the 5 & 9 ema which has breached the 20sma to the downside , with extra volume, so bearish indeed, very little support until you get to the 50 / 61fib, i havnt shown the other indicators but they are still in free fall and still have a way to go to reset, so not confident at all that SP will hold where it is.

    Tread carefully is all i have to say.

    I wonder if a certain person who claims to be sitting on a bounty has sold or is still a bag holder ?

    Who would know ?

    https://hotcopper.com.au/data/attachments/3380/3380910-52476b3e106423fa1db6ca6211726f0d.jpg

    IMO


 
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