DivergenceSeeker

A lot of potential $4+ - Near Term (1 - 3 month)

Long
NASDAQ:BBIG   None
Vinco Ventures, Inc. operates as a consumer product research and development, manufacturing, sales, and fulfillment company in North America, the Asia Pacific, and Europe. It offers toys, plush, homewares, and electronics to retailers, distributors, and manufacturers through e-commerce channels; and personal protective equipment to governmental agencies, hospitals, and distributors. The company was formerly known as Edison Nation, Inc. and changed its name to Vinco Ventures, Inc. in November 2020. Vinco Ventures, Inc. was incorporated in 2017 and is based in Fairport, New York.

Idea:
Price Target: $4 - $7 dollars
- Bullish
- Must break through 3.90 ceiling

Pros:
MACD crossing - charts
Increasing volume - charts
Institutional Ownership - fintel.io
20% of stock shorted - fintel.io
Increased borrowing rate % - fintel.io

Cons:
High number of shares outstanding (creates too much supply in the market)

Let's hope these shorts get squeezed soon.

Not Financial Advice - Just perfecting a process...

Trade closed: target reached:
90%+ GAINS - Trade Closed

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