LTR 1.22% $1.24 liontown resources limited

"Recent price sensitive announcements and the share price has...

  1. 6,271 Posts.
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    "Recent price sensitive announcements and the share price has dropped!"
    Now this is a statement, which I have come across in a number LTR threads on numerous occasions, but over time I also encountered it in other stocks over and over again.
    IMCO this subject, even though certain chart patterns can be observed, isn't chart related, but is more a trading related issue, because there are quite powerful forces who use their influence to keep SP within certain price ranges (Trading Ranges) where they either (re)distribute or (re)accumulate a stock.
    Why are they doing this?
    Their reasoning IMCO is simple. They haven't accumulated or distributed enough of the stock at a certain price range and so they working hard to achieve their target over time. I have written about this problem in a number of posts in LTR related threads, but I thought I bring it all together here by posting the following:

    https://hotcopper.com.au/data/attachments/3121/3121236-ebe04dcc4b0dc48a426b2e6d6a12f1dc.jpg
    It is up to every individual trader/investor to understand how the Composite Operator can and will influence the rise and fall of a stock price especially if it becomes clear that despite some positive announcements SP isn't reacting as we would expect, but is kept in a trading range. We easily put it down to what we like to call manipulation, but this simply is the Composite Operator's game and we the traders/investors need to learn how to read, adapt and possibly even take advantage to it, because it is simply part of today's game.

 
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Last
$1.24
Change
0.015(1.22%)
Mkt cap ! $3.006B
Open High Low Value Volume
$1.24 $1.26 $1.23 $8.241M 6.611M

Buyers (Bids)

No. Vol. Price($)
4 87470 $1.24
 

Sellers (Offers)

Price($) Vol. No.
$1.25 43680 2
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$1.24
  Change
0.015 ( 0.97 %)
Open High Low Volume
$1.24 $1.26 $1.23 2072730
Last updated 15.59pm 06/05/2024 ?
LTR (ASX) Chart
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