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Liberty Defense Holdings Ltd V.SCAN

Alternate Symbol(s):  LDDFF

Liberty Defense Holdings, Ltd. is a technology provider of artificial intelligence (AI)-based detection solutions for protecting secure locations against prohibited weapons and other threats. The Company is principally engaged in the commercialization of an active three-dimensional (3D) imaging technology system, HEXWAVE, to detect concealed threats. The Company provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security, such as airports, stadiums, schools, and more. Its HEXWAVE product provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons using active 3D imaging technology. It also offers millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio.


TSXV:SCAN - Post by User

Post by AsISeeIt9on Apr 09, 2024 3:21pm
134 Views
Post# 35979708

Long term

Long termThere is no question that Liberty is on its way. Good sales to their three major distributors already.

However, I expect some selling as they are now over their $ 1 million, 15 cent PP. And you know how people love to sell their shares at cost and hang onto the free warrants. Then they also raised $ 3.5 million at $ 0.20. so that will be a point of serious resistance.

200 day moving average is at 17 cents, so that will potentially be serious resistance there and the RSI is at 62 (70 is in overbought territory).

Long term this is a winner but expect some short term selling and turbulence, I think.
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