meszaros

LPTH is the next meme stock ?

Long
NASDAQ:LPTH   LightPath Technologies, Inc.
LPTH is the next meme stock ? LightPath Technologies(LPTH) is working with sectors that will invariably be the sectors of the future. Space exploration, Mars mission(NASA), self-driving cars, cloud systems, global internet, military industry, drone and robot technology. Market supply opportunities have been identified in these areas. In other words, the fundamental support for the company is very strong. It is this that ensures that it becomes a meme stock and that community groups "hype" the share price. The possibility of this also coincides with a fractal formation that is now taking shape. In the event that the fractal shown in the diagram starts to build, we could see a significant series of movements typical of meme stocks. In conclusion, I believe that both fundamentally and technically this stock could become a meme stock in the coming months.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.