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Wednesday, 02/24/2021 4:19:52 PM

Wednesday, February 24, 2021 4:19:52 PM

Post# of 194830
Looks like LWLG is ready for the next leg up. We've had an "iceberg" order on buys all day today soaking up shares. You can see all the "bid" shares purchased with less than a couple of thousand shares, at the most, showing on bid. I've been buying shares yesterday and today based on what the chart is showing. BTW, haven't sold any shares, this is an accumulate and hold stock.

https://investorshub.advfn.com/uimage/uploads/2021/2/24/fdfddScreenshot_(35).png

I'm sure most of you already know all about reading charts, but in case someone isn't some explanations are below. Charts are simply the tech measurement version of reading shareholders emotions/sentiment.

The attached chart is a 90 day setup. The bottom Accumulation line shows strong all the way through the drop from the $2+ range.

Stochastics, both, the slow crossed the fast today and that is an early indicator of movement. Note that both are at around 14, showing a big oversold sentiment.

MACD, Moving Average Convergence Divergence, one of the most reliable indicators is in negative territory and the blue line, 26 day went flat and looks ready for a turn up and crossover. Typically buys hit heavier when the crossover occurs.





Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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