Lumentum Shares Rise 4% To Intraday High After Key Trading Signal

Lumentum Holdings Inc (NASDAQ:LITE) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data. At 11:07 AM EST on December 2, LITE triggered a Power Inflow signal at a price of $298.90. LITE had seen a steep decrease in the stock price leading up to the Power Inflow alert, dropping by as much as 6% in the opening hour of trading. At the time of the signal, and shortly after, b ...