NASDAQ:LPTH LightPath Technologies, Inc.
LPTH 56% rise ahead. LPTH(Light Path Technologies Inc.) is an exciting company with a big development ahead. The company primarily manufactures optical lenses for various industrial devices. They make lenses for night vision, infrared sensors, thermal sensors. In recent years, they have also been involved in the optical development of Lidar scanners and the development of collimators for these scanners. They have been involved in the construction of the Mars exploration robot. In recent months they have seen a sharp increase in their revenues. Their order book is growing exponentially. They are constantly forced to increase their production capacity. In my opinion, it is time for the share price to rise. The first upward wave cycle has been stopped by the fair value of the share : 3.25 usd. It can also be seen that a corrective movement has started from this level. Its bottom is the extension of the thick white axis. This axis is none other than the D1ATR axis, which is technically a pivot support axis. My hypothesis is that bouncing back off of this could create a further upward wave cycle. With a first target price of 4.54 usd