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Reading: Sitting on a Cash Pile 14.0? Cyber Safety is in Demand
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Live Trading News > Blog > Shayne Heffernan on Investments > Sitting on a Cash Pile 14.0? Cyber Safety is in Demand
Shayne Heffernan on Investments

Sitting on a Cash Pile 14.0? Cyber Safety is in Demand

Paul Ebeling
Last updated: May 13, 2021 5:16 am
Paul Ebeling
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2 Min Read
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#cash#bullish#buy

$NLOK

NortonLifeLock Inc. (NASDAQ:NLOK) broke out on 7 May and confirmed on 12 May at 25.03. Thus, garnering an LTN Cash Pile Buy signal with a 1yr price target at 38.share. The consensus target is at25.92.

Most of our Key technical indicators have turned Bullish near term and Very Bullish long term.

Support is deep and there is no overhead resistance

candle.pl?cobrand=&symb=NLOK&size=analysis&support=18.11,2,18.93,2,19.51,2,20.33,3,20.80,12,21.50,12,22.12,7,22.61,2,23.01,2,23

NortonLifeLock Inc. provides cyber safety solutions for consumers worldwide. The company offers Norton security solutions as a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers.

It also provides Norton Secure VPN and SurfEasy VPN for online privacy, as well as Norton family, a solution for home and family, which offers protection and security, parental control, and GPS location monitoring services.

NortonLifeLock Inc. markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-Commerce platform.

The company was formerly known as Symantec Corporation and changed its name to NortonLifeLock Inc. in November 2019.

NortonLifeLock Inc. was founded in Y 1982 and is HQ’d in Tempe, Arizona.

Have a healthy day, Keep the Faith!

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TAGGED:BullishbuycashcyberNLNLOKNortonresistancesecuritysupport

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By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
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