LTR 3.90% 74.0¢ liontown resources limited

New TA/Charting, page-14274

  1. 6,271 Posts.
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    Well following wave 3 up and wave 4 down there would still be wave 5 up to go for (1) up as a first of 5 impulse waves, which I would possibly see to reach around $2 and higher as the new trend goes on into production and over time.
    So I guess it depends what you are after a “buy & hold” for a profitable longer term investment or just a quick trade. On LTR I decided quite a while ago that this is a buy & hold for me (first time ever). So I’m probably going to hold and ride it for all it’s worth. Political changes to super of CGT naturally could change that in a flash!

    As a trader from way back though, I would want to avoid the corrections and buy the dips and there it simply depends on your personal trading system.
 
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