LTR 2.28% $1.12 liontown resources limited

Looking at the previous call I made and criticised by the " EW...

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    Looking at the previous call I made and criticised by the " EW master " for it, I really dont think it was a bad call given the indicators looked set to bounce, with increased volume at hand and a ripper FA announcement ..................rolleyes.png

    The one thing I mentioned that was a negative was the bollie band................mad.png

    https://hotcopper.com.au/data/attachments/2929/2929610-2d5347c4a277aeb04a0e637bc0f68aba.jpg
    Well, markets work in mysterious ways and you dont always get it right, what we saw was a bear trap or a double bottom tree shake in the end that almost tapped me out, yesterday being the crescendo, but as soon as that failed I noticed a slight up tick in the afternoon that utimately formed a hammer candle ( green arrow ) which is a reversal candle and gets my attention all the time, 6 red candles and now a hammer, with all indicators thinned out and close to basing, surely Monday is reversal day one would think ?

    A green candle and a break of 42/43 would confirm it.

    IMO
    Last edited by beisha: 20/02/21
 
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