NASDAQ:BBIG is currently testing the 200 EMA support level. If it breaks below it, we can see NASDAQ:BBIG going down to the $5.03 price level, maybe even lower than that.
If the 200 EMA support level holds, NASDAQ:BBIG will go up to $7.00 or more.
If the 200 EMA support level holds, NASDAQ:BBIG will go up to $7.00 or more.
Comment:
Looks like it got rejected at the support level. LONG position placed. See my next-step analysis here: