BIGC trade ideas
$BIGC - Finally$BIGC – Finally.
Been waiting on this one… I think I can finally see some potential. Break out of down trend. Bounce off vol profile. Following fib levels. Price suggesting that it will ride the 100 day EMA – if the 50 day can cross that would be great confirmation. RSI is curling – MACD is inconclusive – seems to suggest a move up before consolidation. Technicals and oscillators are positive. Feeling bullish – let’s go!
NASDAQ:BIGC
BIGC breaking out of the falling wedgeNASDAQ:BIGC seems to be ready for a new bullish move, it is currently breaking out of the falling wedge and should target 85$ and then 109$. Stop level 55$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
$BIGC Trading at IPO Price, Looking for Bullish Breakout$BIGC is a SaaS e-commerce company which recently IPO'd in August '20. After an initial hype / run-up when partnering with $FB, BIGC has slowly faded throughout a bull market back to IPO prices. I'm looking for BIGC to reverse and break-out of this falling wedge . PT1: 89.4. This could be a good name for Feb monthly options.