LTR 2.60% 79.0¢ liontown resources limited

Jumping to the chart of LTR, the action yesterday seems to...

  1. 6,271 Posts.
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    Jumping to the chart of LTR, the action yesterday seems to suggest that the CO - Composite Operator is more in a hurry and what follows in the price action visible in the chart is a SOS - Sign of Strength bridging the upper resistance level and with that LTR possibly taking one of the leading positions within the sector.
    With yesterdays SP action LTR reached a suggested SP level (black dashed target line) coinciding with the Fib 205.8% extension level at $1.68. However with the current momentum this doesn't mean that SP has to pause here and so $1.80, the CR price, at the Fib 261,8% level is my next interim target before aiming towards $2 at the Fib 361.8% level.

    https://hotcopper.com.au/data/attachments/5833/5833021-6d4005e5ffda7d0ca390c9f101012ee2.jpg

 
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Last
79.0¢
Change
0.020(2.60%)
Mkt cap ! $1.915B
Open High Low Value Volume
78.5¢ 81.5¢ 78.0¢ $11.13M 13.91M

Buyers (Bids)

No. Vol. Price($)
18 92916 79.0¢
 

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Price($) Vol. No.
79.5¢ 131409 8
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Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
LTR (ASX) Chart
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