LTR 5.11% 83.5¢ liontown resources limited

New TA/Charting, page-7747

  1. 6,271 Posts.
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    Back to charting, here is my updated weekly chart showing the continuous uptrend, current wave count and some targets for the developing wave V over time (black dashed lines) based on TA & EWT rules ...
    https://hotcopper.com.au/data/attachments/4228/4228246-907017536c4ef9601973cb48b8538256.jpg
    Seeing that LTR has lifted of the lower channel line IMCO the upper channel line would be the logical development. Again as can be seen in wave I & III there should be 5 waves leading up to it therefore I placed wave 5 of wave V of wave (3) at no defined level so far, but it will become clearer over time. As is clear from the above the first aim is to challenge and break the ATH at $1.995 and it is looking good so far!
    I will leave it to others to fill in the FA, which will determine further SP advances!
    Last edited by FlashPoint: 02/04/22
 
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