Looking for a bottom...and some real buyers! The 61.8% retrace of our 1.05-17.24 swing sits at 7.23. That might be an area to look for, and would also give a double bottom bounce confirmation of a fib extension move to the $20s-$30s in the next 120 days.
The new shelf registration (basically 10% dilution) could potentially create more weak hand selling/stop-loss raids, leading to a PPS possibly as low as that 4.50 area.
That said, the RSI is showing solid support on the 1 hour chart and the bullish channel support line is still intact. I would love to see the new 50% swing (17.24-7.31) retrace of 12.28 get...
LWLG meets all requirements and will be uplisting to NASDAQ this year. The photonics market can reach 20B+ by 2025. LWLG's market verticals include Tier 1 players like Facebook, Google, AT&T, and Verizon. They are currently working with multiple foundries, packaging partners and module/transceiver partners in the Protyping/Piloting stage (under NDA), with a...
