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

LIGHTWAVE LOGIC INC (LWLG)       7.6458   -0.28 (-3.58%)


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LIGHTWAVE LOGIC INC. (NASDAQ: LWLG) Breakout Swing Trading Momentum Idea4 months ago - Chartmill

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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LWLG Links

LWLG News

News Image2 days ago - Seeking AlphaLightwave Logic acquires Chromosol's polymer technology and IP assets (NASDAQ:LWLG)

Technology platform company Lightwave Logic (LWLG) has acquired the polymer technology and IP assets of Chromosol (UK).The acquisition advances Lightwave Logic's (LWLG) patent portfolio...

News Image2 days ago - Lightwave Logic, Inc.Lightwave Logic Acquires Polymer Technology and Intellectual Property Assets of Chromosol Ltd (UK)

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

News Image8 days ago - Market News VideoLightwave Logic Breaks Above 200-Day Moving Average - Bullish for LWLGNews Image14 days ago - Lightwave Logic, Inc.Lightwave Logic Announces Issuance of U.S. Patent for Novel Hybrid Silicon Photonics Polymer Modulator Fabrication Process

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

News Image16 days ago - Lightwave Logic, Inc.Lightwave Logic Announces Issuance of U.S. Patent for New Hybrid Photonics to Enable Improved Modulator Fabrication in High-Volume Foundry Manufacturing

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

News Image21 days ago - Seeking AlphaLightwave Logic GAAP EPS of -$0.04 (NASDAQ:LWLG)

Lightwave Logic press release (LWLG): Q3 GAAP EPS of -$0.04.On September 30, 2022, cash and cash equivalents totaled $25.02M

News Imagea month ago - Market News VideoLightwave Logic (LWLG) Shares Cross Above 200 DMANews Image2 months ago - Lightwave Logic, Inc.Lightwave Logic and Polariton Technologies Announce World-Record Performance for 250 GHz Optical Link

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG) and Polariton Technologies today announced the achievement of a world-record demonstration of a 250GHz...

News Image2 months ago - Lightwave Logic, Inc.Lightwave Logic Partners with SilOriX and KIT to Achieve World Record Performance for 'Green' Ultra-High-Speed Slot Modulators

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

News Image3 months ago - Lightwave Logic, Inc.Lightwave Logic Invited to Present at 2022 European Conference on Optical Communications

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

News Image3 months 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 Image3 months ago - Market News VideoNotable Tuesday Option Activity: LWLG, AAL, MDGL

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