LTR 0.20% $1.24 liontown resources limited

New TA/Charting, page-1810

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    I thought I present a LTR chart showing two more indicators, which I sometimes use to confirm what I kind of was expecting. Both of them are money flow indicators, which indicate if money is flowing in or out of a stock. If they show money is flowing in, however the price is not rising much at all, it confirms some level of manipulation and suggests absorption to build a cause, which in the end may lead to the effect.
    In plain English this means, there is demand which absorbs the supply of cheap shares very carefully without the effort raising the price. The theory is that the supply will slowly drop and eventually the demand will effect a SP rise. More demand will lead to more volume/turnover so demand outstripping supply SP will rise naturally. By that time however the big boys have secured their “fair“ share and finally let it go up.

    Now recognising that building the cause is going on is a positive, however it can take time as we have already experienced and some extra games could be played to cause an extra tree shake in other words another low! Hang in there is my suggestion and follow TG‘s idea about locking them up!https://hotcopper.com.au/data/attachments/1887/1887538-c0037fccfb6da75457abdf72f5b44b95.jpg
 
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Last
$1.24
Change
0.003(0.20%)
Mkt cap ! $3.012B
Open High Low Value Volume
$1.25 $1.26 $1.24 $1.447M 1.161M

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No. Vol. Price($)
32 186685 $1.24
 

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Price($) Vol. No.
$1.25 167645 28
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Last trade - 11.12am 07/05/2024 (20 minute delay) ?
Last
$1.25
  Change
0.003 ( 0.46 %)
Open High Low Volume
$1.25 $1.25 $1.24 453025
Last updated 11.31am 07/05/2024 ?
LTR (ASX) Chart
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