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71.0¢ liontown resources limited

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135 Posts.

72

21/08/23

14:11

Post #: 69456498
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Originally posted by FlashPoint: ↑

Obviously I did get the ABC correction wrong, when I suggested a move up. As it turned out it was wave B up of the higher degree ABC correction down. Anyway I think the following chart includes all the necessary corrections to the wave count, which hopefully is now on track again.
From the fundamental point of view I‘m still a little confused, why the Underground Contract spurred such a negative reaction. Was it too expensive or was it something else in there? Then again the beautiful wether and surroundings at Coral Bay (WA) are making it up for me as is the wife’s health with blood pressure and heart rate being back to normal.

After such a sizeable ABC correction, IMCO we should be in for some positive moves up ultimately topping the previous ATH over time and certainly towards the end of the year.

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I am still confused why we think charts will provide a predictable outcome when there is clearly a manipulation which does not follow normal behavioural or trend patterns. It's like trying to forecast weather when someone can switch you between summer and winter throughout the day

LTR Price at posting: $2.68 Sentiment: Buy Disclosure: Held
13 Upvote

1 Great analysis

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(20min delay)
Last 71.0¢		Change -0.040(5.33%)		Mkt cap ! $1.721B

Open	High	Low	Value	Volume
72.5¢	73.0¢	71.0¢	$5.786M	8.059M

Buyers (Bids)

No.	Vol.	Price($)
23	311239	71.0¢

Sellers (Offers)

Price($)	Vol.	No.
71.5¢	27055	6

View Market Depth

No.	Vol.	Price($)
22	310739	0.710
26	495344	0.705
75	717700	0.700
12	148325	0.695
16	107028	0.690

Price($)	Vol.	No.
0.715	27055	6
0.720	302941	13
0.725	255313	8
0.730	188926	5
0.735	69124	4

Last trade - 16.10pm 02/09/2024 (20 minute delay)

LTR (ASX) Chart