Lightwave Logic Inc (LWLG)

[Rambos_Monster]

Every way you look at a weekly view of this equity, it looks about right. On a three year weekly chart you can see a head and shoulders top that took the equity to .435 when it broke the neckline...which, now looks like the same picture in reverse; with the .43 representing the head of a reverse H&S bottom. 87 cents on 11/09/15 and 87 cents on 07/18/16 represents the neckline; which is your huckleberry.

Moreover, on same chart, the stock broke out of a nasty downtrend mid-July testing, exactly the 87 cents in 11/15. Funny how it does that. Now it is backtesting that breakout which could form the reverse H&S right shoulder.

IOW the chart is fine; the action is normal for now. This means little for an upcoming binary event but I'm just saying the PPS action is nothing to worry about. Fear and greed leaves tracks. GLTA.