شراء
BBIG Possible Reversal (No brainer)
Form 10 was just released pre-market and we have signs of life from this stock with the downtrend possibly broken. The following indicators give at approximately 40-100% returns in the coming weeks:
A) Higher lows at least since Nov 1.
B) Bollinger band squeeze suggests a sharp breakout to happen soon. Has also crossed mid point upwards.
C) RSI has reversed suggesting a possible trend reversal.
D) Blue wave indicator has given a buy signal (green dot) on the intraday level. It has also given a buy on the daily level for the first time since the 600% run in August. Make of that what you will.
E) There are visible gaps yet to be filled at $5.40 and $6.60.
Finally the fundamentals of the company as well as the possibility of a short squeeze put this stock in the buy zone. I don't believe that this will be the bounce to set it off however (these squeezes apparently have very specific conditions covered better by others) and will sell once first price targets are met.
A) Higher lows at least since Nov 1.
B) Bollinger band squeeze suggests a sharp breakout to happen soon. Has also crossed mid point upwards.
C) RSI has reversed suggesting a possible trend reversal.
D) Blue wave indicator has given a buy signal (green dot) on the intraday level. It has also given a buy on the daily level for the first time since the 600% run in August. Make of that what you will.
E) There are visible gaps yet to be filled at $5.40 and $6.60.
Finally the fundamentals of the company as well as the possibility of a short squeeze put this stock in the buy zone. I don't believe that this will be the bounce to set it off however (these squeezes apparently have very specific conditions covered better by others) and will sell once first price targets are met.
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