LTR 8.45% 65.0¢ liontown resources limited

Looks like LTR possibly had its high for wave i yesterday and...

  1. 6,271 Posts.
    lightbulb Created with Sketch. 2220
    Looks like LTR possibly had its high for wave i yesterday and possibly started to retrace with wave ii down today. So if that is the case, we are looking for the low of wave ii down, which I would expect to see around Fib 50 or $1.215 or 61.8% $1.175.
    https://hotcopper.com.au/data/attachments/6011/6011457-096110ca80b408784904d916e2dca9a9.jpg
    Yesterday’s CS even though it was green it was the least bullish CS possible confirmed by a gap down today. I guess 50c or 57% up from the low of 87.5c was the TP point for quite a few traders.
 
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Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
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