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Nice charting Rainmain. And great to see LIT stocks providing...

  1. 15,776 Posts.
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    Nice charting Rainmain. And great to see LIT stocks providing opportunities again, it's been a great month.

    The overall trend for June was nicely up so well worth noting until it breaks below 65 cents but yes, those upper tall wicks indicates that buyers have become exhausted and supply takes over. Hopefully it's only short lived and the current trend can continue.

    Cheers

    https://hotcopper.com.au/data/attachments/7095/7095704-4a50805e0ce53abb920c780272f679ab.jpg

    For the loooong holders, here's the all important weekly. We noticed during the week that the 86 cent mark seems to be the line in the sand for this bottoming formation to be concluded. Close above that level and I think this hits many radars. MACD is supporting this notion IMO.

    https://hotcopper.com.au/data/attachments/7095/7095707-7e15433be9473b136a8f4ee36dc5de68.jpg

    Here's the greatest handbrake on your progress. IMO. The big boys have hedged the shite out of this.
    https://hotcopper.com.au/data/attachments/7095/7095710-7ca55715f57271df5ed182d6167c7568.jpg

    Now LIT has a lot of work to do to become bullish but it's showing signs of wanting to at least.

    https://hotcopper.com.au/data/attachments/7095/7095715-a4c79e042edf3bae7d8ddc6c1e39b085.jpg

    Cheers

 
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(20min delay)
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
View Market Depth
Last trade - 16.14pm 27/06/2025 (20 minute delay) ?
LTR (ASX) Chart
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