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$1.23 liontown resources limited

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johnybg

1,011 Posts.

102

19/02/24

08:39

Post #: 72476202
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Originally posted by FlashPoint: ↑

The only somewhat worrying bit in the standard CS weekly chart is what looks to me like a bearish Hanging Man CS as marked. It usually develops at the top of a trend. The Hanging Man, no matter the colour is a bearish reversal pattern. It signals a market top or a resistance level. In this case I hope it is the $1.195 resistance level, which I mentioned in an earlier post as being the upper level of an earlier TR -Trading Range (Accumulation), the lower level of another TR (Re-Accumulation and in this case also the upper level of a gap. So a lot of possible Resistance , all in the one area.
Sometimes these areas simply get jumped, where SP simply jumps to another level, almost like using the momentum to Jumping a Creek, which I happened to have explained before.
Anyway with the LIT giving a bit of a lead next week will be interesting on how things will unfold ...

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Though. The bulls won the round.

LTR Price at posting: $1.18 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.23		Change -0.058(4.47%)		Mkt cap ! $3.000B

Open	High	Low	Value	Volume
$1.27	$1.28	$1.22	$9.566M	7.711M

Buyers (Bids)

No.	Vol.	Price($)
32	128689	$1.23

Sellers (Offers)

Price($)	Vol.	No.
$1.23	154881	39

View Market Depth

No.	Vol.	Price($)
29	117722	1.225
33	216933	1.220
23	201531	1.215
17	218373	1.210
10	178876	1.205

Price($)	Vol.	No.
1.230	138738	33
1.235	191628	20
1.240	141618	14
1.245	186579	12
1.250	83233	2

Last trade - 15.35pm 05/06/2024 (20 minute delay)


Last $1.23			Change -0.058 ( 4.80 %)
Open	High		Low	Volume
$1.27	$1.27		$1.22	1787016
Last updated 15.55pm 05/06/2024 ?

LTR (ASX) Chart

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