LTR 3.83% 95.0¢ liontown resources limited

New TA/Charting, page-1663

  1. 2,588 Posts.
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    I think I addressed the H&S suggestion in the LTR chart with some else before and my opinion remains that there is no H&S pattern forming. IMO it is no inverse C&H pattern either. In regards to LPD, it was/is non of those patterns either. This is the reason why I was and am warning to react and start trading assumed chart patterns, which haven't confirmed yet. To manage the possibly wrong assumption of any chart pattern, simply work out the theoretical pattern target and see or better prove to yourself how likely or unlikely it is that the target can be achieved! In some cases you will find the theoretical target would have to include the company going out of business - meaning you get a theoretical target below ZERO!!!
    Anyway I also looked at LPD and offer you the following chart here is the link https://invst.ly/omnsp please not the black dashed line, which IMO is possible if the current SP is broken.
 
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Last
95.0¢
Change
0.035(3.83%)
Mkt cap ! $2.303B
Open High Low Value Volume
92.5¢ 98.0¢ 91.0¢ $33.31M 35.17M

Buyers (Bids)

No. Vol. Price($)
4 124060 94.5¢
 

Sellers (Offers)

Price($) Vol. No.
96.5¢ 170420 1
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
LTR (ASX) Chart
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