LightPath To Recover and Get Back on the Path to $5 Resistance
Selling has been over done for the bright high bandwidth high tech communications company. Infrastructures need more and more bandwidth and this company has proven itself to be one of the companies out there that can deliver the goods. The recent glitch in deliveries is due to the transient COVID situation temporarily impacting production. They will soon be back on track to making those sales growth numbers everyone is expecting. I'm predicting a two to three week recovery period for this stock and then it will be pushing up towards resistance at $5. Entering my position at this gift of an entry point. Might see some continued weakness into the end of the week but then recovery should start immediately there after.
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