News out afterhours showing that that
LPTH has been awarded the renewal of a multiyear supply agreement valued above $2.4 million which is a 50% increase over the prior contract. The supply agreement is for two types of glass aspheres which enable a global industrial engineering company to manufacture precision measurement and motion control devices across a diverse range of industries including additive manufacturing, aerospace, automotive and healthcare.
That upper resistance level lines up almost spot-on with the 618 Fib line. Meanwhile the 786 fib has only been tested a few times as a lower level of support in the last few months. I guess we'll have to see if there's enough juice to squeeze out of this range in the morning. Either way, I don't think I'll start getting excited unless we break, hold, and test that upper fib as a new support after tomorrow.
That upper resistance level lines up almost spot-on with the 618 Fib line. Meanwhile the 786 fib has only been tested a few times as a lower level of support in the last few months. I guess we'll have to see if there's enough juice to squeeze out of this range in the morning. Either way, I don't think I'll start getting excited unless we break, hold, and test that upper fib as a new support after tomorrow.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.