Actually atomicnumber, you are likely right!
The reason is multiple supporting points:
1) I am Tech Analysis trader, Fundamentals are interesting, but not my shtick! If my wave count is correct (and it usually is 80% of the time) then today's low was the bottom of the Wave 2 retracement and all Fib values confirm it. That means a HUGE WAVE 3 IS RIGHT IN FRONT OF US and you will know it when we violently move UP.
2) The fact that the Wave 3 happens to be timed exactly to the same day that we have a product launch and that the CEO filed a 10B share reduction filing today... are the 2 reasons that everything makes sense for tomorrow.
3) You guys do not want to know my Price Target for Wave 3 because you won't believe it and I'll receive all kinds of unsavory, "stop dreaming" know-nothings that have no clue about the math involved in solid TA. I will just say that I bought in big in the last 5 minutes when I realize about the confirmation of the wave count.
4) I have been watching this specific stock for over a year and I had the bottom nailed to the day with my EW, to the day! I made out nicely on the first rise, got out and got lucky on DIGAF the day after. Maybe it was dumb luck or maybe my skills are reaching a new level (I would like to think the latter).
5) We had a possibility of dropping today under $.04, but I was surprised at the remarkable resilience of SFOR through the day, but this is NOT your typical pennystock (like DIGAF which has no known product, maybe just a shell Co) and it has a specific product for a specifically well timed entry to the market.
PUTTING ALL THE POINTS TOGETHER, THIS IS WHY I THINK atomicnumber31 IS VERY RIGHT AND WE WILL SEE A GAP UP WHICH WILL TURN INTO A RUNNING GAP AND WILL NOT STOP FOR A WHILE.
This is the nature of Wave 3s.
Best of luck to all, let's see what happens tomorrow. BTW, like I said, we will know if we are in a Wave 3 as I believe if we take off violently tomorrow.
3MinBandit
