LRS CHART THREAD

[BEISHA]

Hi All

Exciting confirmation of grades at Salinas has the market excited, gapped up on announcement and hit a high of 10.5c briefly yesterday before finshing 9.5c.

Still plenty of room to move on the 30min chart for the RSI 14 despite being OB , DAILY RSI 14 is mid 80s but showing no signs of relenting.

This is purely a volume / supply / demand equation with an emerging HOT STOCK.

I have a sub wave 3 up target of 12.18 for this current run.

IMO

P.S To All LRS holders at HC

Unfortunately, i said some comment about Adolf Putin which was taken to heart and it was deemed that it was worthy of suspending me at HC indefinitely.

I wish you guys all the best but i have moved on to a better site whereby my Ps and Qs dont get persecuted!!

Dont forget, the STOCK EXCHANGE ( TSE ) is a wonderful place to make money....

Wishing you all the best everyone

IMO as always.

 

[BEISHA]

Hi All

View attachment 3520
Exciting confirmation of grades at Salinas has the market excited, gapped up on announcement and hit a high of 10.5c briefly yesterday before finshing 9.5c.

Still plenty of room to move on the 30min chart for the RSI 14 despite being OB , DAILY RSI 14 is mid 80s but showing no signs of relenting.

This is purely a volume / supply / demand equation with an emerging HOT STOCK.

I have a sub wave 3 up target of 12.18 for this current run.

IMO

P.S To All LRS holders at HC

Unfortunately, i said some comment about Adolf Putin which was taken to heart and it was deemed that it was worthy of suspending me at HC indefinitely.

I wish you guys all the best but i have moved on to a better site whereby my Ps and Qs dont get persecuted!!

Dont forget, the STOCK EXCHANGE ( TSE ) is a wonderful place to make money....

Wishing you all the best everyone

IMO as always.

@Remark

Could you take a screen shot of the above post and send it to the LRS chart thread at HC please champ......

The natives are wondering where i am and it could be an opportunity for some cross over.

cheers mate

 

[Remark]

@Remark

Could you take a screen shot of the above post and send it to the LRS chart thread at HC please champ......

The natives are wondering where i am and it could be an opportunity for some cross over.

cheers mate

Done. Now we'll see how long it takes to get modded

 

[BEISHA]

Done. Now we'll see how long it takes to get modded

You are a champ brother, love your work!!

 

[Gavatron77]

Hi All

View attachment 3520
Exciting confirmation of grades at Salinas has the market excited, gapped up on announcement and hit a high of 10.5c briefly yesterday before finshing 9.5c.

Still plenty of room to move on the 30min chart for the RSI 14 despite being OB , DAILY RSI 14 is mid 80s but showing no signs of relenting.

This is purely a volume / supply / demand equation with an emerging HOT STOCK.

I have a sub wave 3 up target of 12.18 for this current run.

IMO

P.S To All LRS holders at HC

Unfortunately, i said some comment about Adolf Putin which was taken to heart and it was deemed that it was worthy of suspending me at HC indefinitely.

I wish you guys all the best but i have moved on to a better site whereby my Ps and Qs dont get persecuted!!

Dont forget, the STOCK EXCHANGE ( TSE ) is a wonderful place to make money....

Wishing you all the best everyone

IMO as always.

Found you mate!

Just wanted to thank you for all of your insight and wisdom, it hasn't gone unnoticed from my end. Hope LRS becomes life changing for all long term holders.

Regards
Gav

 

[Sooch]

Hi All

View attachment 3520
Exciting confirmation of grades at Salinas has the market excited, gapped up on announcement and hit a high of 10.5c briefly yesterday before finshing 9.5c.

Still plenty of room to move on the 30min chart for the RSI 14 despite being OB , DAILY RSI 14 is mid 80s but showing no signs of relenting.

This is purely a volume / supply / demand equation with an emerging HOT STOCK.

I have a sub wave 3 up target of 12.18 for this current run.

IMO

P.S To All LRS holders at HC

Unfortunately, i said some comment about Adolf Putin which was taken to heart and it was deemed that it was worthy of suspending me at HC indefinitely.

I wish you guys all the best but i have moved on to a better site whereby my Ps and Qs dont get persecuted!!

Dont forget, the STOCK EXCHANGE ( TSE ) is a wonderful place to make money....

Wishing you all the best everyone

IMO as always.

Ah damn, unlucky about the ban.
I'll be popping in here every now and then for your chart posts

 

[BEISHA]

Found you mate!

Just wanted to thank you for all of your insight and wisdom, it hasn't gone unnoticed from my end. Hope LRS becomes life changing for all long term holders.

Regards
Gav

LRS is the sleeping monster dude, going to be far better than LTR if the first batch of drills are anything to go by at Salinas, then there is Catamarca, then Cloud 9............BOOM!

 

[Blockhead]

Hi All

View attachment 3520
Exciting confirmation of grades at Salinas has the market excited, gapped up on announcement and hit a high of 10.5c briefly yesterday before finshing 9.5c.

Still plenty of room to move on the 30min chart for the RSI 14 despite being OB , DAILY RSI 14 is mid 80s but showing no signs of relenting.

This is purely a volume / supply / demand equation with an emerging HOT STOCK.

I have a sub wave 3 up target of 12.18 for this current run.

IMO

P.S To All LRS holders at HC

Unfortunately, i said some comment about Adolf Putin which was taken to heart and it was deemed that it was worthy of suspending me at HC indefinitely.

I wish you guys all the best but i have moved on to a better site whereby my Ps and Qs dont get persecuted!!

Dont forget, the STOCK EXCHANGE ( TSE ) is a wonderful place to make money....

Wishing you all the best everyone

IMO as always.

Hi B glad you made the switch to here, I always appreciate your work and comments.
Cheers H

 

[BEISHA]

Hi All

View attachment 3520
Exciting confirmation of grades at Salinas has the market excited, gapped up on announcement and hit a high of 10.5c briefly yesterday before finshing 9.5c.

Still plenty of room to move on the 30min chart for the RSI 14 despite being OB , DAILY RSI 14 is mid 80s but showing no signs of relenting.

This is purely a volume / supply / demand equation with an emerging HOT STOCK.

I have a sub wave 3 up target of 12.18 for this current run.

IMO

P.S To All LRS holders at HC

Unfortunately, i said some comment about Adolf Putin which was taken to heart and it was deemed that it was worthy of suspending me at HC indefinitely.

I wish you guys all the best but i have moved on to a better site whereby my Ps and Qs dont get persecuted!!

Dont forget, the STOCK EXCHANGE ( TSE ) is a wonderful place to make money....

Wishing you all the best everyone

IMO as always.

Hi ALL

Sub wave 3 has hit and gone beyond my target of 12. 4, hit 13.5 briefly, so not sure how much more to give on this current run before sub wave 4 down hits, unbelievable action, huge volume, i will definitely be taking profit before the day is out.

imo

 

[gex]

Can't believe this has overtaken my brn %
Long holding this

 

[BEISHA]

View attachment 3585
Hi ALL

Sub wave 3 has hit and gone beyond my target of 12. 4, hit 13.5 briefly, so not sure how much more to give on this current run before sub wave 4 down hits, unbelievable action, huge volume, i will definitely be taking profit before the day is out.

imo

I am having a wet dream right now, LRS has gone parabolic..........sub wave 3 up has made me $100k so far and counting...

UNBELIEVABLE ACTION !!

 

[BEISHA]

Hi All

Salinas in Brazil, providing the fire works for LRS, hitting 2+% Lithium with the first drill results, with many more assays to come with deeper hits.... has excited the market and myself, the SP doing the talking with a near 50% appreciation for the week.

RSI 14 indicator thru the roof at 88 but the SP aint relenting.....clear case of volume / supply v demand.

880m turn over for the week..........fucking huge!

On the HOURLY chart, the long WEEKLY pole gets broken down to this and potentially what could be if the MACRO and the rest of the drill assays are just as good as the first and / or better.

All speculative guess work

imo

 

[BEISHA]

Found you mate!

Just wanted to thank you for all of your insight and wisdom, it hasn't gone unnoticed from my end. Hope LRS becomes life changing for all long term holders.

Regards
Gav

Hi Gav

You are welcome to snap shot this chart and send it to the HC chart thread.

Pivot point is 18 for the next leg up........

imo

 

[Peachy]

View attachment 3765
Hi Gav

You are welcome to snap shot this chart and send it to the HC chart thread.

Pivot point is 18 for the next leg up........

imo

Done and not so dusted! Good call Beisha.

 

[BEISHA]

Hi All

LRS must be one of the hottest stocks on the ASX right now, Mr Market is absolutely going gang busters on this stock, folk talking about LRS being the new LTR.............lol,lol,lol.........going to be way better than that junk.....

LTR have average grade of 1.4%, with most of the good stuff 300m below surface, LRS is a completely different beast with grades starting at 2% for one thing and possibly alot higher as the drill bit goes deeper , thats a massive difference to your strip ratio analysis right there and then.......special stock in the making here, i knew Salinas / Catamarca would excite, but not this big , this early !!

Here is the next set of targets, its getting to the nitty and gritty now, once this set of 5 waves are done, then surely a pull back happens there after.

DAILY RSI 14 indicator got as high as 94, currently 86, WEEKLY is 92....MONTHLY 79.............thats over bought BIG.

Everything i say is IMO

No financial advice

GLTAH

 

[Gavatron77]

Looks like a healthy pullback and a much needed break for the RSI. Good work mate!

 

[Gavatron77]

Hey mate
Hows the Elliott wave looking after today's announcement?

 

[BEISHA]

Hey mate
Hows the Elliott wave looking after today's announcement?

This is how i see it dude, RSI 14 has cooled from 94 to 73, so that gives enough room to complete the EW scenario in white assuming drill results for 5 & 6 are pretty damn good, like high 2s, / 3% grades, its just a pure guess based on unknowns, that said, if results are mediocre or not up to market expectation, then that triggers wave 4 down on the weekly chart immediately.

Lets hope when LRS opens tomorrow, that we have positive MACRO that will equalise the CR VWAP , hopefully mixed with a bit of good news to go with it and we see sub wave 3 up activated.

imo

 

[lellep]

View attachment 4169
This is how i see it dude, RSI 14 has cooled from 94 to 73, so that gives enough room to complete the EW scenario in white assuming drill results for 5 & 6 are pretty damn good, like high 2s, / 3% grades, its just a pure guess based on unknowns, that said, if results are mediocre or not up to market expectation, then that triggers wave 4 down on the weekly chart immediately.

Lets hope when LRS opens tomorrow, that we have positive MACRO that will equalise the CR VWAP , hopefully mixed with a bit of good news to go with it and we see sub wave 3 up activated.

imo

How is it looking now?

 

[BEISHA]

How is it looking now?

Dow had a dump last night of 900+ pts, with the Dow futures predicting another 1000pt drop on Monday.....

Tree shake going on with the Global X..............Double bottom coming ?

I still have a 1.618 fib target of 29.20, but unless we have a nice gold bell prior to opening on Tuesday regards to the results of drill holes 5 & 6 , then 18c support will get a severe test.

imo