Bigtincan Price Target Cut 48% to A$0.38 a Share by Morgan Stanley.
This is a +100% Upside from the current Price!
When I saw this Guide I did some analysis and saw the massive downtrend and -70% from the EMA Death Cross.
They are clearly Burning Cash and not yet Profitable, but Claim AI in their Bio.
I might start nibbling on this one if I see a change in the...
Macro tailwinds on all 3 of these and at the bottom of the adoption curve - None of these make any profit yet so we're playing it risky here obv but this is how big gains are made - Fortune favours the Bold...SEND IT.
ML bust then failure to reach the Lower Parallel - Next Pivot low created a ''space'' from ML after passing it on lower momentum - Probably cementing the bottom is in.
Big Tin Can rose sharply in the last few days and crossed both significant moving averages 50 and 200d. Director buying in March at lows in 80s was a good indicator of a base. Could keep moving past $1.00 as a new support now.
BTH 1hr timeframe, inverse heads a sholders. Buy on the break of .88, stop @ .825, profit target. 945. R/R. 1:2.6
Buy signal.
Invs heads and shoulders
rising obv
moving above 50ma.
pros- high probability patterns, good fundamentals. Potential to be a long term hold. definded risk
Cons- inverse heads and sholders pattern is only on the 1hr timeframe vs on a...
$BTH - BIGTINCAN HOLDINGS - About to make a break for it
Might be worth a watch and a small play next week if it can break resistance. The other indicators look like it will push through. Not overly excited by the company or its financials. Purely a chart play.
Bigtincan Holdings Limited is an Australia-based company, which provides enterprise mobility software....
