New TA/Charting, page-5578

Let me update your chart somewhat, because it has become apparent that the "Smart Money or Composite Operator" has imposed its will on LTR's SP once again and what a better opportunity than to do this by holding it below the $1 level! I marked the new Trading range, which so far I believe will turn out to be another Re-Accumulation phase rather than distribution.
Accordingly I have also updated my wave count, which probably will bring up my standard critics, but hey ... you get that. The new wave count to me is more logical, but still achievable within the EWT rules (please see horizontal black dashed lines). There is a chance that I will have to move 5 ? and (5) ? down to a previously indicated target of between $1.285 and $1.33, depending on how the FA is unfolding also from the timing, but time will tell.
First things first though, let's get SP out of this new Trading Range and it might just take the Demerger announcement to achieve that!
Here the updated daily chart ...