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$LWLG protohype_101 05/03/17 if you use .60 as th

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Post# of 874
(Total Views: 3115)
Posted On: 05/03/2017 6:42:15 PM
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Posted By: mc67
$LWLG protohype_101 05/03/17 if you use .60 as the starting point of this rally begun at the end of 2016 with the 10Gbs proto news, and the top yesterday of 1.51, the rise was .91 in just 4 short months, a technical pullback based on Fibonacci retracement of the golden ratio of 61.8% you would get .91 x 61.8% = .56 retracement from the high of 1.51 giving you precisely today's low of .95, which fits nicely between the 2 higher highs of .91 and .97 that we cruised through a few days ago

the news flow is very real, Dr Lebby is well renowned, arguably the "axe" of the industry, and Dr Leonberger is the arguably the most notable name behind today's internet switching

now, let's win that fight for $1.00, looking forward to Dr Lebby laying out the timeline at the ASM in 2 weeks time, and hopefully introducing the 25Gbs beta-proto at the Photonics Roadmapping conference in the Netherlands in June, at that point with protos out for customer evaluations, I would expect this stock to be in the $3 to $5 range

GLTA

#LebbyLevelUpLWLG


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