BBIG Vinco Ventures, Inc. LongVinco Ventures, Inc. develops and commercializes end-to-end consumer products in North America. It offers kitchenware, small appliances, toys, pet care, baby products, health and beauty aids, entertainment venue merchandise, and housewares to retailers, mass-market retailers, and e-commerce sites; and personal protective equipment to governmental agencies, hospitals, and distributors. The company also offers Lomotif app that allows its users to create their own music videos; Cortex, a real-time analytics for marketing spend and revenue optimiza...
Trend is bullish
Stocha weekly bullish
Stocha daily bearish
The Gap has been filled/See the chart above
BBIG
$BBIG - Vinco Ventures - Mega Broadening Wedge$BBIG: Mega broadening wedge. Vinco Ventures, owner of Lomotiv the Tiktok competitor, will submit a plan and earnings report to Nasdaq to successfully regain compliance. Then they will name a new CEO around the same time the US President will declare an end to to COVID-19 pandemic. The stock price will gap above $1.00 and push up to $5.00 to complete the pattern.
Sell BBIGI feel an Institutionnal strategy here. After they completely close their Buy, the stock could decrease by 50-100%. If they beleive in the 2023 performance, they might hold.
Interesting trend line break with major catalyst next week. Next week could be very exciting for Cryptyde. Preferred share record date on Friday for voting rights in an upcoming shareholder meeting. Brian McFadden has also as of Friday 1/20 publicly announced he will join $GNS CEO Roger James Hamilton and other CEO's fight against stock manipulation by Hedge Funds. We could see additional PRs from Brian McFadden this week ahead of Friday.
BBIG Breakout Alert we had a breakout last friday from the 0.55$, now we need to hold above that level as a support, and then break from the resistant at o.87$, which will give us another bullish momentum towards 2 profit taking around the 1.32$ then the 1.92$ lveles .
Cryptyde breakout next week? After being beat down during the spinoff from Vinco Ventures, Cryptyde has several catalysts at play. Chart analysis suggests a W pattern could be forming.
BBIG $ Alert Squeeze we need to hold above the current support the 0.52$, we hit our first profit taking around the 0.70$ ,now we have to break the 0.87$ resistant and breakout zone to confirm the first phase of squeeze , then the most important level to break for the next week is at 1.33$.
BBIG ReversalBroke the downtrend, with a overall market turnaround and several major catalysts. Options Chain loaded for 1/20. Tied to NASDAQ:TYDE through BBIG1 options. OBV is steady rising.
BBIG ReversalNews 3Q Filing due any day. Options Gamma Ramp on 1/20. Set to explode with many catalysts including compliance and earning update.
BBIG Vimco Ventures - A Classic Triangle PumpI came across this stock the other night when it was trending on Twitter and took a look at it for the first time ever. Apparently Vimco is a holding company that's touted for one of its assets being the "TikTok competitor" Lomotif.
Personally, I think people who are bullish on app clones of big apps are delirious because the reason those big apps get rooted by the establishment are for reasons that have little to do with their technology and everything to do with what is behind them.
In TikTok's case it's the Chinese Communist Party behind them, via parent company ByteDance, and the purpose of the app is to indoctrinate young people and have them waste a lot of time competing with influencers and trying to be an influencer .
The thing about a grooming and indoctrination app is you can't have competition. You need just one that can cannibalize the entire market and hold everyone's attention.
Regardless, I'm a big believer in price action. So long as Wall Street banks are holding an interest in a stock, I think that price action reflects the cumulative knowledge of all market participants. It's the real penny stock pump and dumps you have to be afraid of. Once they get rugged there's no liquidity and they _will_ go to zero.
With BBIG, BlackRock, Vanguard, State Street, etc, all have significant holdings.
Before we start, I'd just like to say that I actually saw this pattern the night before and posted it as it began its fake breakout, just not in a formal TradingView call.
Anyways, this pattern is a pretty classic one that I learned from this dude in crypto in 2018 when Ethereum Classic made a similar play that yielded a lot of run, and fast. I didn't believe him, but the short end of the trade worked and then it pumped afterwards.
The idea is you first get this parabolic super pump that doesn't last. Then, it consolidates for a long period of time with descending highs and flat lows.
What's being exploited is that so many traders love these trendline astrology "technical analysis" ideas. So when they see something "break out" to the upside "against the trendline" they stop out of their shorts and get long.
Then it immediately sells off back into the triangle, and then takes out the bottom, and heads lower and lower, taking out all those poorly timed longs that bought in the triangle, treating the flat bottom as support.
Notable with BBIG is that there's a pre-pump gap in the 71c range and the all time low, which is also the pre-pump pivot low, is 67c.
I suspect that 67c will hold under the thesis that the MMs are actually heavy on the buy, but if the pump is going to be big, they may also turtle soup the very bottom.
Either way, you might think to yourself, "This isn't that realistic. This is 20%+ to the downside." And this logic is fine, but look at the range of the triangle breakout into the breakdown that just occurred. In a few days that was already 20%.
Late in October, BBBY printed a 35% pump in a few days.
A conservative target for the resulting pump, should it manifest as such, is in the $1.40 range. It may even take out the old pump high of $1.95. In short, you're looking at a 2-3 bagger, if all transpires according to plan.
Price action like this leads me to believe that it's possible that the Biden Administration really does have a ban on TikTok waiting in the cards, ready to be imminently played as social media chatter has suggested.
Additionally, I also believe that tech stocks in general are about to pump it and pump it hard, even though it'll just be another bear market rally. A lot of suckers are about to be brought in.
Well, with a stock like this you don't want to buy and hold. You want to get in and get out. A lot of these companies really have no fundamental value. If you want things to buy and hold, put your money in grocery stores, fertilizer companies, oil and gas, etc.
Things that genuinely make money from genuine business, instead of these jokers that pay some kids pennies to clone apps and then call it a $205MM valuation, which is what Vimco's market cap is at the moment. (That's tiny.)
But, be careful and don't be greedy with your upside targets. The world isn't in good shape at the moment and things can change at any time.
Significant geopolitical, natural, and cosmic events can unfold at any time.
BBIG Breakout $we formed double support above the 0.51$, if we held that level, we going to see a test around 0.67$, if we had a breakout, we going to have 2 profit taking .
PR Events on $BBIGStockThis is just showing Regular ER and some significant events to see how they interacted with price action.
BBIG This is my BBIG Retracement drop play frmo 3.50 last year setting the ranges of retracements which will be covered int he chart levels. Enjoy
After we beat the Red line it's BBIG Party TimeWill resolve in less than a week. But this is an established down trending line in a wedge for BBIG. When we break the red line we are going up and we're going to break the red line very soon.
Also there is an insane amount of FTD's next week. Their time is up.
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Also shares are coming out in the form of a dividend very soon to form a new company called TYDE where people will have to buy in no later than Dec 12th to be shareholders of record for the 15th.
Full disclosure - I am long on this stock, and really believe there is a real opportunity next week for GAMMA
BBIG Squeeze $we have a support above the 1.32$, if we hold that support , we going to have accumulation then a test for the 2.20$ squeeze area, to go towards the 3.50$+.
BBIG $ Squeezewe need to hold above the 1$ level to confirm the strength of the Bull and going to rented the resistant around the 1.32$, which will give us the momentum to go to the squeeze area around the 2.20$ , of course if we hold 4h candle above that level .
AMC hasn't looked this good in 8 months The CM Slingshot Indicator for AMC has finally turned green. The last time it was green was November 29, 2021 (about eight months ago). The stock also closed above the 200 MA , which hasn't happened since Dec 8, 2021 (also about 8 months ago). I'm looking for AMC to close above around $23-$25 to signal a breakout of the macro descending channel. Also looking to see increasing volume.
The next few weeks should be interesting....Not financial advice.
Set Alerts for BBIGBBIG is a heavy momentum stock, and that's due to a high short float causing mini short squeezes.
Best way to trade such stocks is to catch break outs.
Set an alert for this bad boy and be patient.
BBIG LONG WeeklyNASDAQ:BBIG
$BBIG on weekly looks bullish after breaking the short trend (orange line), last week retested the trend, RSI on weekly show divergence, potential Fibonacci goals are shown on the figure.
Asking price now @ $2.77
BBIG reversal price target the short seller's are in control as long as we trending below our ascending line and trading below the 2.16$, below this price and the above the 2$ is an important level to hold, cause if we didn't hold above the 2$ next week, we will see the price test the next support target above the 1.60-1.70$, where we will see huge buying pressure again.
the 2.66 resistant still is huge sign for strength if we close above it , and the 2.16 should be our support to confirm that .
$BBIG price reversal target we still trending down, however we still holding above out critical support 2.16$, this time if we break our resistant which is above the 2.66$, that's will be a first sign of strength , however if we dont hold our support and close 4h candle below , we going to see a heavy shorting tell we see a test for out next strong support above the 1.70$.
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Consolidation Im gathering more shares at this low lvl today i think we will stay at this price lvl rest of today. (2.30 - 2.55 maybe 2.6ish)
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