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Could not sustain the .024 price level, which would have created enough of a wave to push the price higher. Much Higher! So now, the downtrend cycle begins. Short it and set your buy orders: Target .0059
SFOR'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...
The steadily increasing A/D line & fluctuating stochastic shows the longs are in control of this one. SFOR legal team has successfully brought four pending lawsuits to settlement discussion and the defendant's request for an Inter Parties Review was denied. Settlement details due out by Friday October 27th, which should catalyze a big SFOR run. Buy signal, IMO.
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