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LIGHTWAVE LOGIC INC. (NASDAQ: LWLG) Breakout Swing Trading Momentum Idea

By Kristoff De Turck

Last update: Aug 18, 2022

TRADING IDEA (Momentum Swing Trading Breakout)

Lightwave Logic, Inc. is a development stage company which engages in the commercialization of electro-optic photonic devices. The company is headquartered in Englewood, Colorado and currently employs 19 full-time employees. The company went IPO on 2003-02-13. Read the full profile here.

STRATEGY

Breakout Swing Trading Idea

  1. clean breakout during last trading session, bullish bar closed near the high of day (+6%)
  2. ascending triangle completed
  3. strongly increased buying volume
  4. closing price above current daily resistance level

Last earnings: 2022-08-09

Next earnings: unknown



ACTUAL SETUP

  • Buy Stop | $12.26
  • Limit | $12.38
  • Stoploss | $11.08
  • Target | first and second target area on weekly chart

ADDITIONAL INFO/TIPS

Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.

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LIGHTWAVE LOGIC INC

NASDAQ:LWLG (4/18/2024, 7:06:28 PM)

After market: 4.1 0 (0%)

4.1

+0.01 (+0.24%)

LWLG News

News Image3 days ago - Lightwave Logic, Inc.Lightwave Logic Demonstrates Thought Leadership with Critical Contributions to Global Integrated Photonics Industry Roadmap

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...

News Image18 days ago - Lightwave Logic, Inc.Lightwave Logic Secures New Patent for Diamondoid Non-linear Optical Chromophore Patent to Improves Material Robustness

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...

News Image22 days ago - Lightwave Logic, Inc.Lightwave Logic EO Polymer Achieves World-Class Performance of 400Gbps with Plasmonic Mach Zehnder Modulator

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...

News Image25 days ago - Lightwave Logic, Inc.Lightwave Logic Demonstrates World-Class 200Gbps Heterogeneous Polymer/Silicon Photonic Modulator Results

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...

News Imagea month ago - Market News VideoCommit To Purchase Lightwave Logic At $2.50, Earn 12% Annualized Using Options
News Imagea month ago - Lightwave Logic, Inc.Lightwave Logic to Host Annual Meeting of Shareholders on May 22, 2024

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...

News Imagea month ago - Lightwave Logic, Inc.Lightwave Logic to Participate in Upcoming Investor Conferences

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...

News Image2 months ago - Lightwave Logic, Inc.Lightwave Logic Provides Fourth Quarter and Fiscal Year 2023 Corporate Update

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...

News Image4 months ago - Market News VideoFriday Sector Laggards: Biotechnology, Rubber & Plastics
News Image4 months ago - Market News VideoBullish Two Hundred Day Moving Average Cross - LWLG
News Image4 months ago - Market News VideoCommit To Buy Lightwave Logic At $5, Earn 26% Using Options
News Image4 months ago - Market News VideoMonday Sector Laggards: Rubber & Plastics, General Contractors & Builders
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