General Stock Ideas

[gfp927z]

>> something must be brewing <<


What's likely brewing -- the usual I-Hub dreams of easy/fast riches, sugar plum fairies, etc. :o)

TA-wise, I wouldn't put too much importance in the golden cross (50 MA crossing 200 MA). When there's been a big run up, golden crosses can turn out to be contrary indicators and bearish. The pull of gravity is the biggest risk after a huge spike up.

LWLG is holding 1.00 for now, but you need to watch it closely. Next support is .95 (the 50 and 200 MAs). Support below that would be .80-90 range.

LWLG is clearly a 'story stock', but as to the merits of the story, I don't have the technical backround (polymer photonics) to have a reasoned opinion. Within the tech sector, software and services tend to have steadier businesses.