LTR 2.55% 80.5¢ liontown resources limited

New TA/Charting, page-4802

  1. 6,271 Posts.
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    After being criticised for one's charting, it is somewhat surprising to find one's charts somewhere else again with a black background, but hey Schwamm drüber - let's forget about it.
    Currently the obvious question IMO is if LTR is going to see another test of the 50EMA (light green) running currently at about 42.67c and rising/flattening.
    This has happened twice since the start of February and if the 44c support is going to give it could happen again, if a Moora announcement is not about to happen soonish.
    Personally I'm not worried, because SP will probably once again bounce of it and rise from there. However if someone would have their stop loss situated right on it, it might be worth considering. Otherwise it might be worth considering a top-up around those levels, if it fits your personal trading plan and circumstances.
    https://hotcopper.com.au/data/attachments/3028/3028033-7bf6c22254cc71317db162171b106d4f.jpg

 
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