Australia's largest stock trading and investment forum Australia's #1 stock forum

LTR

Click for more information

4.72%

$1.11 liontown resources limited

What an imagination, what time do you turn in for the night at...

First 8896 Last

Share
Profile

Follow
cavetime2004

506 Posts.

162

06/07/22

15:11

Post #: 62402640
Share

Originally posted by Goodfella58: ↑

The thing that strikes me is that all the bulls of the stock are focussed on its individual merits and not the wider macro economic environment.

A number of sovereign states are on the verge of bankruptcy and could crash worldwide markets in which nothing survives.

At the end of the day the stock market is a voting machine not a weighing machine and many investors will face forced liquidation of their portfolios.

Having said that the Nasdaq has declined for 33 Fibonacci weeks with a potential turn point at 34 weeks ( +/- 1 week) and 38.3 retracement at 10627-10730 where 50 Month SMA and 55 Month EMA also lie.

i believe markets will find support there for a technical rally albeit only an interim bottom.

Expand

What an imagination, what time do you turn in for the night at your rest home, i will log back in then.

LTR Price at posting: 96.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 5,870 more messages in this thread...

First 8896 Last

Add LTR (ASX) to my watchlist

(20min delay)
Last $1.11		Change -0.055(4.72%)		Mkt cap ! $2.691B

Open	High	Low	Value	Volume
$1.16	$1.16	$1.11	$12.36M	10.97M

Buyers (Bids)

No.	Vol.	Price($)
2	210825	$1.11

Sellers (Offers)

Price($)	Vol.	No.
$1.13	78835	3

View Market Depth

No.	Vol.	Price($)
1	20000	1.110
8	174785	1.105
51	353756	1.100
2	30101	1.095
10	68758	1.090

Price($)	Vol.	No.
1.125	60464	2
1.130	88041	4
1.135	29200	2
1.145	48000	3
1.150	50819	3

Last trade - 16.10pm 19/04/2024 (20 minute delay)


Last $1.12			Change -0.055 ( 3.69 %)
Open	High		Low	Volume
$1.16	$1.16		$1.12	3771354
Last updated 15.59pm 19/04/2024 ?

LTR (ASX) Chart