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lwlg came to a support zone. If we look to the RSI, it looks oversold. If we go back in time, than we see that on the RSI oversold areas are always buying opportunities.
Ascending wedge, looks nice on a breakout, possibly a bounce play. It had a huge run-up and came crashing down, looking for another run
Stock that go sideways can still be good for swing trades
Ascending Triangle , not confirmed Descending volume during formation Resistance at 15.00$ 250RSI > 50 ATR climbing, more volatility RS > 0 50MA > 200MA 50MA and 200MA ascending Potential profit target = 73% Potential Price target = 26.10$ Stay humble, have fun, make money!
Lightwave Logic, Inc. is a revolutionary company that has commercialized electro-optic photonic devices made on its P2IC technology platform. Despite dollar strength potentially weighing on small caps we believe this may still have some energy left ⚡️
Based on volume price movements,I expect LWLG will go up Take Profit: 90 Stop Loss: 8.5
You can buy LWLG target 13.85 stop loss 7.63 money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck