Lpath Inc fka LPTN

[ospreyeye]

$LPTN Chart – after closing above the 50 & 100 DMA’s on the 10th $LPTN is turning the 50 DMA @ 0.21 into support – the lower wicks on the last 2 candles have bounced off 50 day simple moving average support – the 100 DMA @ 0.24 is the key level to break – a close above should signal more upside potential – big volume spikes – MACD bull cross last week – RSI & fast STO are in the bull zone w/ room to run – a close above the 100 day simple moving average puts the red ascending resistance line on deck & possible move to 0.27 –