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Lwlg stock price forecast technical traders note LWLG stock price
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Technical traders note LWLG stock price forecast is reinforced by moving average convergence toward bullish crossover. A decisive close above $4.35 could trigger algorithmic buying in the optical components sector. Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse. READ ALSO: 7 Dirt Cheap Stocks to Invest In Now and 10 Stocks That Will Make You Rich in 5-10 Years . LWLG stock price forecast monitoring shows resistance levels at $4.40, with breakout probability increasing on news of commercialization agreements. Trading desk chatter favors accumulation before key industry conferences.