Hen Solo
11-21 09:51

Great article, would you like to share it?

@Barcode：$Laser Photonics Corp.(LASE)$ 🅱🆄🅻🅻🅸🆂🅷 🆆🅸🆃🅷 🅲🅰🆄🆃🅸🅾🅽⚠️ 📈✨📈 $LASE: Lighting Up for a High-Risk Rally ~ 🎯 $8+ ✨📈✨ Kia ora Tiger traders! My Take: Bullish on this flyer~Laser Photonics (NASDAQ: LASE) is setting up for a potential January Effect rally, targeting $8+. With higher risk comes higher reward, and this stock is primed for speculative action. Key Financial Highlights (21Nov24, 🇳🇿NZ Time): • Pre-Market Price: $5.30 (+4.54%). • Cash Runway: 18 months as of March 2024, with $5.2M in reserves. • Revenue Growth: Up 19% YoY despite challenges. • Market Capitalisation: $23M, burning cash at $3.4M annually (14% of market cap). Today’s Technical Outlook: • Current Price: $5.30. • Resistance Levels: Short-term at $6, with the next breakout target of $8+. • Breakout Setup: Bullish reversal forming with support from higher lows and volume uptick. Chart Insight: The technicals show a speculative rounding base, hinting at a potential breakout. This setup aligns perfectly with high-risk January Effect plays. Keep an eye on volume—it’s the spark for this laser’s next move! The Risk: Laser Photonics is burning cash, with a 47% YoY increase in burn rate. However, its manageable market cap and ability to raise funds without significant dilution ease concerns. Why LASE Matters: As a player in the photonics industry, LASE focuses on innovation and revenue growth. Despite cash burn concerns, its niche positioning makes it an intriguing flyer for those with an appetite for risk. Trade with caution ⚠️, but the upside here is hard to ignore for speculative traders. Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerPicks @TigerStars @TigerPM @TigerObserver @Daily_Discussion @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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