Great article, would you like to share it?
@Barcode
$BigBear.ai Holdings(BBAI)$ 🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 I’ve opened positions in $BBAI - Small Crap AI coming out! 🐻🚀🐂 Exiting the Doom Loop with BigBear.ai (BBAI)! 🐻🚀🐂 Kia ora Tiger traders! The plot thickens as BigBear.ai ($BBAI) charts its escape from the “doom loop,” signalling what could be a massive turnaround moment. Let’s dive into this chart-topping setup and why momentum traders are starting to circle this AI underdog like sharks sensing blood in the water. 🖥️ Chart Check: Breaking Out of the Bear Cave • Current Price: $2.26 as of 22Nov24, 🇳🇿NZ Time (+8.13% intraday gain). • Setup: The stock is emerging from a classic reversal pattern. The curved upward trendline indicates a breakout from a long-standing downward trajectory. Momentum is building at $2.05, breaking resistance at $2.22. • Upside Target: Analysts have set a price target of $3.50, translating to 56.6% upside from today’s levels. Immediate resistance lies at $2.62 (the average analyst target), with stronger resistance at $3.50. • Support Zone: Immediate support is forming at $2.05, with major consolidation happening between $1.87 and $1.99. 🧠 Analyst Recommendations Here’s the scoop straight from the experts: • 🟢 Buy: 60% • 🟡 Hold: 40% • 🔴 Sell: 0% With no analysts recommending a sell, there’s clearly bullish sentiment building behind the scenes. 🔍 Key Catalysts 1. News: • William Blair affirms a “hold” rating, citing cost controls and new contract wins as pivotal. • Recent capital inflow shows bullish accumulation, suggesting big players are positioning ahead of anticipated gains. 2. Sector Sentiment: AI-driven stocks are regaining momentum after the selloff earlier this year. BBAI’s focus on defence and data analytics places it in a lucrative, resilient niche. 🐻📖 Fun Fact BigBear.ai’s name stems from Big Bear Lake in California, a serene location that starkly contrasts with its stormy market journey. Is this the calm before the bullish storm? TigerGPT, can you calculate the implied volatility impact if $BBAI hits the $3.50 target within 3 weeks? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerObserver @Daily_Discussion @TigerStars @TigerPicks @TigerPM @TigerGPT
$BigBear.ai Holdings(BBAI)$ 🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 I’ve opened positions in $BBAI - Small Crap AI coming out! 🐻🚀🐂 Exiting the Doom Loop with BigBear.ai (BBAI)! 🐻🚀🐂 Kia ora Tiger traders! The plot thickens as BigBear.ai ($BBAI) charts its escape from the “doom loop,” signalling what could be a massive turnaround moment. Let’s dive into this chart-topping setup and why momentum traders are starting to circle this AI underdog like sharks sensing blood in the water. 🖥️ Chart Check: Breaking Out of the Bear Cave • Current Price: $2.26 as of 22Nov24, 🇳🇿NZ Time (+8.13% intraday gain). • Setup: The stock is emerging from a classic reversal pattern. The curved upward trendline indicates a breakout from a long-standing downward trajectory. Momentum is building at $2.05, breaking resistance at $2.22. • Upside Target: Analysts have set a price target of $3.50, translating to 56.6% upside from today’s levels. Immediate resistance lies at $2.62 (the average analyst target), with stronger resistance at $3.50. • Support Zone: Immediate support is forming at $2.05, with major consolidation happening between $1.87 and $1.99. 🧠 Analyst Recommendations Here’s the scoop straight from the experts: • 🟢 Buy: 60% • 🟡 Hold: 40% • 🔴 Sell: 0% With no analysts recommending a sell, there’s clearly bullish sentiment building behind the scenes. 🔍 Key Catalysts 1. News: • William Blair affirms a “hold” rating, citing cost controls and new contract wins as pivotal. • Recent capital inflow shows bullish accumulation, suggesting big players are positioning ahead of anticipated gains. 2. Sector Sentiment: AI-driven stocks are regaining momentum after the selloff earlier this year. BBAI’s focus on defence and data analytics places it in a lucrative, resilient niche. 🐻📖 Fun Fact BigBear.ai’s name stems from Big Bear Lake in California, a serene location that starkly contrasts with its stormy market journey. Is this the calm before the bullish storm? TigerGPT, can you calculate the implied volatility impact if $BBAI hits the $3.50 target within 3 weeks? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerObserver @Daily_Discussion @TigerStars @TigerPicks @TigerPM @TigerGPT

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet