LTR 5.06% 83.0¢ liontown resources limited

Just an update to my chart - I've arrowed what might be the...

  1. 9,260 Posts.
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    Just an update to my chart -

    I've arrowed what might be the turning point in LTR with that large green bar - I label these as fake bars where the makers take advantage of news and let the sp push higher with the intent to sell or take final profits.

    The only way to confirm this is to wait for the successive bars to see if there is any follow through and selling occurs, which has happened with two supply bars (circled) and the last bar showing some demand to support the price but overall a red bar.

    I am tempted here to end the period of accumulation, which has been highly successful and see LTR enter a period of distribution along with it's accompanying volatility.

    https://hotcopper.com.au/data/attachments/2459/2459122-6d440f9a5e2360a6fddf2c4f872768d4.jpg
    Last edited by Cabbie: 09/09/20
 
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83.0¢
Change
0.040(5.06%)
Mkt cap ! $1.879B
Open High Low Value Volume
79.0¢ 83.5¢ 77.5¢ $6.976M 8.741M

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No. Vol. Price($)
18 136905 83.0¢
 

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Price($) Vol. No.
83.5¢ 362740 28
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Last trade - 13.08pm 21/08/2024 (20 minute delay) ?
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