myceliium

BIGC: Possible rally on the way - Upcoming Earnings

Long
myceliium Mis à jour   
NASDAQ:BIGC   BigCommerce Holdings, Inc. - Series 1
It looks like many people have already seen the possible set up that is happening in BIGC. At the moment it looks as though the price has corrected from the recent high in January and is preparing for the final impulse with movement which might actually be the beginning of a larger bull trend. So far it seems as though several companies have experienced sharps sell-offs regardless of whether or not estimates are met. If this is the case for BIGC then there could be a little bit of downside to ~$62 price level but I expect that if this happens it will be quickly bought and the subsequent rally will begin. Just watching at the moment but will probably take a long position after confirmation.
Transaction en cours:
Slipped considerably during the market sell-off and now hanging around ~60 price level. Entering long here
Commentaire:
Picked up some sub 60 - looking for the bounce here:
Commentaire:
Nice bounce, resting on support, Could slip again tomorrow but has found buyers at this level:

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