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...
Self explanatory Holding 60/70 bull spread for 1/22 @1.4
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.
-After a break-through the $65, next resistances will come at ease.
Long BIGC above 60.88. Sleeping Alligator . Daily chart shows a sleeping alligator printing now three fractals around 60.88. Ready to open its mouth. AC is also increasing on the weekly chart. Weekly balance line is right now at 65.65. If price crosses it we could see a larger run to the upside. NASDAQ:BIGC
Long BIGC above 60. Sleeping Alligator. Daily chart shows a sleeping alligator printing now two fractals at 60.0. Ready to open its mouth. Weekly chart shows no AC values because BIGC has been out there less than 34 weeks, but there is already a weekly bullish divergent candle which formed today. It will be also triggered next week if BIGC closes above 60 any...
Breakout? Possible. Got spreads for 60/70 May. Shopify will have a good run off its double bottom and this will move in sympathy.
BIGC is one of the biggest competitors to SHOP. Guys like WooCommerce hold the second spot imo but BIGC is catching up. Yeah, tech is overrated but I like this one. DYODD
I'm still somewhat bullish on NASDAQ:BIGC (been feeling uber bearish so going to post this long play for balance) Price is looking for support but larger market factors can lead to continued sell pressure. Accumulation is the name of the game here. Bearish divergence building since Dec. '21. Loose stop on this one. Targets and additional info on the chart.
Chart looks awfully similar to RKT. Sure, it can grind within the triangle/wedge for longer to test everyone's patience but at the end of the day BIGC is a very promising competitor to SHOP. I like it. Don't buy stuff pajamas pants traders post about though.
The dashed lInes repersent some weaker support and resistance where I expect some price reactivity. The solid lines are historical supports and I expect for rejection or larger moves to take place off of. Lows have been swept up last week with large volume which could be a combination of short covering or confident buyers adding to their position. This is...
Seeing a bullish gartley pattern ... looking for some more down side to around $70 then proceed up to the targets (orange lines). Total swing trade. - Not financial advice.
$BA pulled back nicely after breaking out of the bull flag. I expect continuation to the upside. Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽 See my previous $BA post below:
It appears that BIGC has just broken out of a bullish falling wedge... This upwards price action should continue and we can expect some nice upside to $105+
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