Lwlg stock price forecast technical traders note LWLG stock price

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. So should Lightwave Logic ( NASDAQ:LWLG ) shareholders be worried about its cash burn? For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). Let's start with an examination of the business' cash, relative to its cash burn. Terms and Privacy Policy Your Privacy Choices CA Privacy Notice More Info Short-term LWLG stock price forecast models project a 12% gain over the next 6 weeks if trade volumes maintain above the 20-day average. Speculative buying has intensified alongside news on prototype testing milestones for fiber-optic components.