S4 heading 4 lower prices? S4 Capital
Short Term - We look to Sell at 292 (stop at 314)
We look to sell rallies. Broken out of the channel formation to the downside. The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 223 and 210
Resistance: 290 / 350 / 500
Support: 250 / 200 / 150
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SFOR
My long-term $SFOR Exit StrategyI'm a long-time bag holder of Strikeforce Technologies, inc stock and am looking to get out at the $.41 cent area as my first target.
$SFOR Just closed above weekly resistance of $0.20$SFOR did what it should’ve done. Just closed above weekly resistance of $0.20 and filled gap $0.16 on the daily chart.
as I already mentioned in my last analysis on Jan 13.2020.
The next resistance will be around $0.70 to $ 0.80
A weekly close above $0.80 can help this stock to move toward the next resistance which is around $2 to $2.25
Golden Cross-Overall technically looks supper bullish as daily 50 MA is just about to cross 200 MA
What Does a Golden Cross Tell You?
There are three stages to a golden cross. The first stage requires that a downtrend eventually bottoms out as selling is depleted. In the second stage, the shorter moving average forms a crossover up through the larger moving average to trigger a breakout and confirmation of trend reversal. The last stage is the continuing uptrend for the follow through to higher prices. The moving averages act as support levels on pullbacks.
The most commonly used moving averages are the 50-period and the 200-period moving average. The period represents a specific time increment. Generally, larger time periods tend to form stronger lasting breakouts. For example, the daily 50-day moving average crossover up through the 200-day moving average
Let's enjoy the ride for as long as it goes.
Remember to always secure profits on the way up.
Do your DD, this is not investment advice
SFOR- 1 Day Chart- 1/15/2021This is not advise or for instruction. Sharing my chart on SFOR to share my thoughts on how I would currently trade.
$SFOR Strikeforce Technologies; Penny stock watchSFOR's main product relies on unique company-owned patents which built their GuardedID/MobileTrust encryption software (zero-day protection against key logging). They've also created subsidiary Blocksafe Tech to capitalize on the emerging crypto/blockchain market space. Share supply is high, but there is hope for a buyback with increased revenue. One to watch and maybe gamble on.