LTR 4.17% 87.5¢ liontown resources limited

LTR CHARTING THREAD 3.0...........TA ONLY PLEASE, page-725

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    Hello Newbies

    https://hotcopper.com.au/data/attachments/3607/3607835-abb1121eee75681e3956993c23d0deae.jpg
    I hope everyone has headed my warnings of having a tight SL, cause the triple top 162 high is well and truly set in for now and sub wave 4 down is on its way.

    MACD is showing the first bar with a black tip which means its receding down wards, and we have a sloping RSI 14 as well......bearish

    On top of that, we have the 5 & 9 ema sloping downwards and we have lower lows and candle over lap with the previous green candle being swamped..........bearish

    Not alot of resistance until you get to the 61 fib ( 113.57 ) level / .786 ( 100.15) levels............

    It appears the pump is over for now and distribution is setting in based on the reasons above.

    No financial / licensed advice here

    All imo, imo, imo
    Last edited by beisha: 22/09/21
 
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