LIGHTWAVE LOGIC INC. (NASDAQ: LWLG) Breakout Swing Trading Momentum Idea
LIGHTWAVE LOGIC INC (LWLG) 5.07 +0.08 (+1.6%)
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
- clean breakout during last trading session, bullish bar closed near the high of day (+6%)
- ascending triangle completed
- strongly increased buying volume
- 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
- Use our ChartMill Postion Sizing Tool to calculate the maximum number of shares you can buy, depending on your available capital!
- Why using Stop Limit Orders?
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.
LWLG Links
LWLG News
8 days ago - Lightwave Logic, Inc.Lightwave Logic Announces Breakthrough Performance Results for Commercial-Class Electro-Optic Polymer/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...
14 days ago - Market News VideoThursday Sector Leaders: Rubber & Plastics, Banking & Savings
a month ago - Seeking AlphaLightwave Logic GAAP EPS of -$0.15 (NASDAQ:LWLG)Lightwave Logic press release (LWLG): FY GAAP EPS of -$0.15.As of December 31, 2022, the company's cash and cash equivalents were $24.1 million, enabling it to finance operations...
a month ago - Lightwave Logic, Inc.Lightwave Logic Provides Fourth Quarter and Fiscal Year 2022 Corporate Update/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...
2 months ago - Lightwave Logic, Inc.Lightwave Logic CEO Dr. Michael Lebby to Participate in the Laser Focus World Executive Forum/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at...
3 months ago - Lightwave Logic, Inc.Lightwave Logic CEO Dr. Michael Lebby to Present at the 2023 Photonics Spectra Conference/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at...
3 months ago - Market News VideoRelative Strength Alert For Lightwave Logic3 months ago - Lightwave Logic, Inc.Lightwave Logic Issues Shareholder Letter and Provides Corporate Update/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at...
3 months ago - Market News VideoNotable Thursday Option Activity: GPRO, BURL, LWLG4 months ago - Lightwave Logic, Inc.Lightwave Logic and Polariton Technologies Announce World-Class Figure of Merit for Plasmonic Polymer Optical Modulators/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at...
4 months ago - Lightwave Logic, Inc.Lightwave Logic Announces Issuance of U.S. Patent for Breakthrough Chip-Scale Packaging Technique to Enable Foundry-Level Packaging of Polymer Modulators/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at...
4 months ago - The Motley FoolWhy the Lights Went Out on Lightwave Logic Stock This WeekThe market was clearly unimpressed by the company's latest deal.
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