* Weekly chart it’s been trading inside this parallel channel since IPO on December 16, 2020.
* If price action is consistent we might see a rebound to the 100EMA on the daily chart.
* 15 minutes chart is sitting at the 20EMA since the start of this trend.
* 36.88% UP since bottom on Oct 16.
* Price Target
- 6.30
- 7.70ish
Lots of chatter on fintwit and discord over the past few weeks about BBIG...
I'll spare you the backstory, and assume you've stumbled upon this chart purposefully.
You know there's a merger, and you probably hoped last week was going to bring "more meaningful news!" and thus, "upwards price action!"
"Tiktok!" they told you! Valuation! Billions of dollars!
7!...
