Bigtincan Holdings (BTH:ASX) – Trade Idea

Last update - 25 August 2020 By Oliver Gordon

Bigtincan Holdings Limited operates as a holding company. The Company, through its subsidiaries, offers an artificial intelligence powered sales enabled platform that allows sales and service organizations and their employees to engage with customers. Bigtincan Holdings serve clients worldwide.

Recommendation Update: 4 September 10:30am

BTH – Price has tagged the measured moved target at $1.30 before selling off to close down 7.4% on Thursday at $1.185. We are likely to see a few days of sideways consolidation from here. Stops should be at at least breakeven.

Recommendation Update: 3 September 10:30am

BTH – Continues to rally on strong volumes. Look to lock in partial profits around the initial target of $1.30, with the option to then trail a stop loss on any remaining positions. Trailing stops should be lifted to between $1.05 and $1.10.

Recommendation Update: 31 August 10:30am

BTH – Breaking out on high volumes. Measured move target is $1.30. Stops should be lifted to be just below the $1.00 level.

Recommendation Update: 28 August 10:30am

BTH – Strong close above resistance on very large volumes. This stock is now at all-time highs, meaning there is no chart resistance above current levels. Range target is circa $1.30. Stops should be lifted to the $0.95 region.

Original recommendation: 27 August 10:30am

BTH – Would much prefer to see a little more consolidation below the $1 level to allow the range to tighten, but we may not get the chance. $1 is a big round number, break of which should trigger further gains. Range target at $1.30.

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