Close - Liontown (LTR)
*** GENERAL AVICE ONLY***
Trade Date: 06/02/2024
Description: Liontown Resources (LTR) is an exploration company and tier 1 Battery Minerals producer, focused on development and supply as required by the rapidly growing Electric Vehicle and Energy Storage industries at its two major Lithium deposits in Western Australia.
Recommendation
Close – Sell – Liontown LTR
Entry price: $1.00
Target Price: $1.20 (+20%)
Stop Loss: 87c (-13%) Use a 10% trailing stop
Rationale:
Stop Loss hit – Close – Sell position
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.