Zerify Inc (ZRFY)

[robov]

I'm looking at the perfect wedge or symmetrical triangle pattern that would give a target of .04097¢ or rounded off at .05¢. Ideally we want to see that breakout on massive volume as we did on the breakout through .0094¢ resistance.

Symmetrical Triangles: Trading Tips

Trading Tactic Explanation
Measure rule:Compute the height from the highest peak (point A in The Measure Rule figure to the right) to the lowest valley in the pattern (B) then multiply it by the above “percentage meeting price target.” Add it (upward breakouts) or subtract it (downward breakouts) from the breakout price. The breakout price is the point at which price pierces the trendline. The figure shows an upward breakout with target price C.
Breakout volume Patterns with heavy breakout volume (above the 30-day average) do better.
Yearly low:Triangles with breakouts within a third of the yearly low perform best.
Trend start:Triangles perform best post breakout when they appear at the start of trends.
Throwbacks and pullbacks:Throwbacks and pullbacks hurt post breakout performance.

SFOR Symmetrical Triangle