$BIGC Trading at IPO Price, Looking for Bullish Breakout

Long

BigCommerce Holdings, Inc. - Series 1 (NASDAQ:BIGC)

Updated

NASDAQ:BIGC BigCommerce Holdings, Inc. - Series 1

Fundamental Analysis Chart Patterns

fundamental chartpattern

$BIGC is a SaaS e-commerce company which recently IPO'd in August '20. After an initial hype / run-up when partnering with $FB, BIGC has slowly faded throughout a bull market back to IPO prices. I'm looking for BIGC to reverse and break-out of this falling wedge . PT1: 89.4. This could be a good name for Feb monthly options.

Comment:

nice breakout as expected, target still ~90

snapshot

Comment:

Target Hit

snapshot

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