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84.0¢ liontown resources limited

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Kikker1959

10,753 Posts.

4422

09/09/21

13:03

Post #: 55946511
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Originally posted by FlashPoint ↑

Hmm, I probably won't get any brownie points for this, but hey reality is what counts.
After reaching my $1.168 target, it now looks as if the high for this wave is in and that the pullback foreshadowed is actually taking place. So the question is, if correct where will we find the next low or should I say the next higher low be?
I thinking a relatively shallow retrace could do the trick here. So as indicated before the logical thing would be to back test the Re-Accumulation breakout line at $1.03. Fibonacci would suggest about $1.045 or even a test of the magic $1 mark.
However as I mentioned before the next low IMCO is simply the starting point for the next leg up. So in reality I'm looking forward to that point in time, because it will allow for further projections towards any future targets within wave iii up and 5 up for (5) up.

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Yes this leg could be in now. but what a run since 70 cents 30/6. ! However the legs are getting bigger and the time between them shorter. With so much happening over the next couple of months I am sure we break the $1.20 in record speed IMO.

LTR Price at posting: $1.12 Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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(20min delay)
Last 84.0¢		Change 0.005(0.60%)		Mkt cap ! $2.037B

Open	High	Low	Value	Volume
83.0¢	86.0¢	81.8¢	$11.60M	13.88M

Buyers (Bids)

No.	Vol.	Price($)
3	26185	84.0¢

Sellers (Offers)

Price($)	Vol.	No.
84.5¢	211802	8

View Market Depth

No.	Vol.	Price($)
3	26185	0.840
6	158688	0.835
15	290019	0.830
10	250276	0.825
16	1500657	0.820

Price($)	Vol.	No.
0.845	211802	8
0.850	208817	6
0.855	100963	2
0.860	38200	5
0.865	147000	6

Last trade - 16.10pm 15/10/2024 (20 minute delay)

LTR (ASX) Chart

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