10/19 BIGC*** RECAP (Link Below): Hoping the current uptrend continues and we see $100-$105 the week of 10/12. ****
Actually went to $109
This is my idea for this week 10/19
We will continue along that same channel breaking those resistance lines which I adjusted.
I do see another ascending triangle forming (I didn't draw it out) but no confirmation.
As always I look forward to your comments for or against my ideas.
BIGC
10/19 OSTK Earnings IdeaI have been following this one along with BIGC for quite sometimes dont know why I haven't shared this before.
I noticed the end of the week candle closed at the bottom of my ascending triangle.
With earnings 11/8? I hope we bounce and began that run up.
Don't mind my pitchfork I am trying them out instead of Fibs.
As always I look forward to your comments for or against my ideas.
Long $BIGC Cycle Wave IIIThis looks like an amazing opportunity as there is little downside risk here. Go long and set your stops below $72. I will have to update my targets as the Elliot Waves unfold but it looks like we potentially started Primary Wave 1 of Cycle Wave III.
First price target is $85-87, which we will see the end of wave 1 and have a correction.
Price ran up very quick in Cycle Wave I so don’t miss out on this opportunity to get long.
Good Luck.
BIGC - Winner: Where to buy in?Big Commerce is 100% a winner of an IPO this year. We have not seen the highest prices yet either. First, we should see some profit takings, as early traders in for just a few quick dollars will cause the price to drop. Let them. I am holding mine, 3 past buy ins at $83, $75, and $65. But now we look where to buy in next. Possible retraces point to $108-$96, within that range should be a profitable trade. Make sure that the stock does reverse when trending downwards to those levels. Of course if it goes anywhere lower than those levels, it should be considered a buy.