Laser Energetics, Inc. (LNGT)

[harle11]

3yr weekly charts >>
I'm probably not any better at reading L2 or charts but sometimes I like to look at different views (time frames, indicators, etc). I try to be neutral despite a strong bias to the upside. So...
- Weekly charts looking pretty good imo ... macd seems to be at about bottom and looks to turn north as well as some other indicators.
- Volume - would like to see obv and ad get stronger.
- Money flow - looks to be getting stronger.
- L2 - tough to read ... obvious big wall ahead ... picked up more at .087 when it temporarily was at the ask.
- Today: volume is picking up with pps a bit ... ave vol about 230K according to quotetracker.
- The second chart is notable because it shows money flow.
- It's also interesting that the bollinger bands are getting narrower ... which may indicate a break one way or the other.
- Overall, I think we need much more volume to break thru that wall ... hopefully some concrete news soon.
Just some opinions ...