LTR has weakened from opening. A bit of a sell off (apparently) a few mins ago.
It has a high level of shorts against it which is alongside the @Launched strategy... So, there is a lot of upside potential for this to move massively at some point in time.
There is still a lot of downward selling based upon these numbers IMO.
With China showing real signs of weakness and from what I am seeing in the Influencer YT area (so don't listen to them... they don't know what they are talking about lol)... This goes hand in hand with IO and Lithium continued down. China vehicle sales are plummeting in addition, so any recovery might be a while off.
I honestly value @Launched thoughts, and maybe there is a quick trade in this or similar. He sees things in different ways than others
Maybe before the end of the day there might be a push higher. Something to watch.
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Last
8,589.3 |
Change
-13.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,603.0 | 8,617.0 | 8,572.1 |
| XJO (ASX) Chart |