This has had some nice days since breaking the descending trend line but looks to have more in store.
have been accumulating BigC near IPO prices. Expecting a run back to $150 by 2021. the technicals shows a IHS in play.
Price is consolidating within a bullish flag. Watch for a breakout to the upside
BIGC on watch for a breakout. new demand zone formed just below 70 and BIGC just had a strong trading day, attempting to break out from the downtrend. MACD green bar is a good indicator. Enter play after a breakout confirmed by volume, PT1 $78 on fib0.5 and PT2 at $86 for a full recovery.
tested support 3 times low volume price action to wash out weak hands engulfing candle suggest reverse of trend, possible W shape bottom RRR: 2.7 PT: 109 SL: 63.55 RRR: 4.9 PT: 136 SL: 63.55
Break of trend line would confirm. Some minor support/resistance levels shown in addition to the fib retracement.
we can see a strong price bounce from ~72$ i think we might be looking at big bounce next time also many institutional holders got in with big positon im very bulish on BIGC what do you think?
Looking at the Day Chart you can see that its pretty clear that BIGC might retouch the $70 level Once it does that i do think that well bounce off that AS LONG AS THE MACD TURNS DIRECTION You can also see that the last time we had the Mom indicator at these levels it was the start of the bull reversal that took us straight to $108 The Accelerator Oscillator...