BIGC trade 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.
BIGCOMMERCE +35%Buy now
Sell levels on the chart
Profit 35-60%
Stop-loss if breakdown trend and RSI
Wish you 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.
BigCommerce Teams Up with FacebookBigCommerce Teams Up with Facebook to Unlock Checkout on Instagram Feature for US Merchants
BigCommerce merchants now have the ability to enable customer checkout directly within Instagram
finance.yahoo.com
BUY BIGC RIGHT NOWBIGC, a SHOP competitor, just teamed up with Instagram to work on their checkout experience. Not only is this a huge deal in terms of revenue, but it also proves that BIGC can compete with bigger players and continue to gain traction. This is a HUGE catalyst for the stock. I expect to see this company at 150 by the end of the year. Sometimes the narrative of a company can have a bigger impact than fundamentals, at least in the medium term, and this is literally as good as the narrative can get.
BUY!
Big Commerce (BIGC) to retest $100BIGC is on a tear, but like all IPOs, it will find its ceiling, and it will come crashing down while people take profits. There are a couple major things going for it, it's rival Shopify (SHOP) is valued at $1088/share, which many missed out on the lows of $300 in March 2020. They believe BigCommerce will be the next Shoppify, as you can see from the IPO.
Employees of the company are barred to trade their shares in a 180 lockout agreement that was published in the companies S1 to the SEC. There will be no inside trades for the first 6 months.
The price rose ALL the way to $94, before people started realizing (I should probably take a quick profit right now) it was time to sell. The news generated so much of a shockwave, that it presented a Gap Up in the candlesticks, demonstrating a potential bullish move. The next candlestick was a neutral Doji in the bullish direction, where it was rejected just over $100, and again rejected a 2nd time over $100 at the same level. The day then closed out with 2 red candlesticks, the last one not making it past previous resistance turned support.
We should see a jump from this price, perhaps another Gap Trade and we will re-test highs, before seeing what happens next!
BIGC:NASDAQ - BIGCOMMERCE - Another SHOP in the making?BigCommerce has rocketed up on debut. For those who have been in the ecommerce game for any period of time, BigCommerce was one of the big four and still heavily in use today. With Shopify's (SHOP) current price over the $1000 mark, BigCommerce will be an interesting one to watch.
