LTR 2.63% $1.17 liontown resources limited

Even if I have to say so myself, not a bad chart interpretation...

  1. 2,588 Posts.
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    Even if I have to say so myself, not a bad chart interpretation there!
    A possible Tweezers Bottom for a Higher Low was mentioned (Tick!) if 8.6c holds (Tick!) and a bullish CS pattern, which needed bullish confirmation today and that's what we got. (Tick!) BTW for those who are interested the CS pattern is what is called bullish Homing Pigeon CS trend reversal pattern.
    The falling volume could indicate a weakening down trend and the indication is bullish. Today we did get the reversal confirmed by increased volume (Tick!) I hope it keeps going with an announcement still expected. Please see Fibonacci levels for further possible targets.
    We could be looking at a wave 3 type move up towards higher resistance at 9.8c" and today we've got to 9.7c so far (Tick!)

    Anyway here is my updated daily chart:
    https://hotcopper.com.au/data/attachments/1719/1719910-d6a9975428a911b67cc8567340778bc3.jpg


 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$1.17
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Last updated 15.59pm 28/03/2024 ?
LTR (ASX) Chart
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