Currently looking at NASDAQ:BIGC for a potential bullish continuation from the 10 handle. Expecting bulls to push from this level, should see higher prices soon. Good luck traders!
Active sequence is still down, but candles are getting smaller even with bigger/average volume.
Combined with the divergence on the 3D chart suggests reversal could be imminent.
ER on May 02 might be pivotal.
$BIGC beaten battered and abuised with supply chain issues coming at them left and right. Finally a breathe of fresh air on the weekly chart as we look for a potential bottom here.
From a fundamental point a 1.5B eval is a nice spot long term for this name so I will be entering a large share position Monday with a super tight stop of $3 per share while we look...
Down trend Wedge breakout + retest
Entry 25
Stop 29
Target 45, 55
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Breakaway Gap
Entry 43
Stop 39
Target 62
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
(1) should not do anything before BIGC stays above 65
(2) however, after BIGC jumps out of the orange tunnel and stays around 65, you would see it rally soon
I looking to buyzone of $51.31 to $53.54 for a longterm hold (12+ months). That zone has been tested before many times and their last offering was in that price zone. Also looks likes it's setting up in a wedge to breakout for a nice swing trade to $65-$70. Both are possible plays.
Had bad volume, but price has a good fibonacci setup to target $86.
Upcoming earnings looks good and 2/3 of 3 indicators likes the setup.
Med Cap Stock with high levels of attention on it so if it does well getting inflows of over 1B isn't unreasonable.
Appears to be bouncing off trend highs as well if breakout we could get a big move.
Not Investment advice.
if the overall market keeps stead in next couple of weeks, look for the break of the upper resistance line of the wedge with good volume. That will signify the trend reversal here. Long term i am expecting price to be above $150. Holding shares and long calls. Good luck
BIGC is shaping up nicely.
Price now out of the ichimoku cloud . The 200ma sits at 70. A break of the 60 level could take us to 69-70.
The blue rectangle is my target area.
The trade is not validated if we don't break the 60 level.
Trade safe.
