LTR liontown resources limited

New TA/Charting, page-15395

  1. 2,554 Posts.
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    Very much looks that way @stezz. I think you've timed your entry perfectly.

    With the Chinese stimulus package announced today, closing of Li mines in China and Australia, scaling back of production / plans for increased production globally, an agreement between "Western" nations on critical metals across 14 countries being announced (ESG requirements will soon come to the forefront), the macro situation looks ripe for a change in fortunes for Lithium companies.

    I think the signs are there that we've bottomed out and FA and TA are about to line up to see us go on an extended run. Our first shipment is about to set sail, revenue coming through the door. That's a prerequisite for many big firms being allowed to buy in for one thing. Finance is in the bag to see us through potential lean times over the next 12 months or so, and all signs are there that the plant is running perfectly with meticulous planning having gone into it from Day 1.

    Technically the MA's are on the turn. Momentum, after a horribly long period of being sold down, looks very much to me like it's heading into the green. I think this time things will be a little different and with the wind behind us, should see us smashing the $1 psychological resistance area for starters:

    https://hotcopper.com.au/data/attachments/6482/6482577-f5f40b90e0309dd5ec2112e1f60dfc15.jpg
    Last edited by mrplough: 24/09/24
 
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Last
72.0¢
Change
0.020(2.86%)
Mkt cap ! $1.749B
Open High Low Value Volume
71.5¢ 74.5¢ 71.0¢ $7.433M 10.20M

Buyers (Bids)

No. Vol. Price($)
13 123123 72.0¢
 

Sellers (Offers)

Price($) Vol. No.
72.5¢ 30000 1
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Last trade - 16.14pm 27/06/2025 (20 minute delay) ?
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