Breakout Coming? Vinco Ventures Inc (NASDAQ:BBIG)

Vinco Ventures Inc (NASDAQ:BBIG) stock ended higher on Friday. Will the momentum continue next week?

Market Action

BBIG stock was up $0.40 or 11.87% to close at $3.77 on Friday. The stock made a high and low of $4.07 and $3.08 respectively for the session after opening at $3.39. The total volume for the day was 22.64 million shares – 6X is average volume of 4.03 million shares.

BBIG Released News This Week

May 19, 2021 – Vinco Ventures, Inc. Announces Exclusive NFT Album by Mega Hit Artist Tory Lanez

  • announced that its subsidiary, Emmersive Entertainment, is set to release an exclusive NFT from superstar rapper, singer, songwriter and record producer Tory Lanez.
  • Tory, who is known for his out of the box creativity, is working in conjunction with Emmersive Entertainment on a creative campaign that is poised to make history with his new album of original songs and accompanying artwork.
  • Being a pioneer in the NFT space, Tory has developed his career as a creative disruptor. Tory’s NFT album will be available exclusively on the upcoming Emmersive Entertainment platform.

David J. Kovacs, Co-Founder of Emmersive Entertainment, as well as Co-Founder of First Contact Entertainment, a leading virtual reality video game company that includes Call of Duty veterans, added, “Tory’s transcendental forward thinking, and laser focused vision was a perfect synergy for us. There are very few people on Earth with his gift. When you combine that talent and vision with the marketing power that Vinco can access through Lomotif, it’s a clear winner. With 10’s of millions of active users we can market our proprietary E-NFT’s to a targeted audience not only nationwide but worldwide as well.”

Trader Notes

Share Information

SHARE FLOAT (%)19.35 M (70.52%)

Recent Stock Performance

5-DAY PERF.+52.63%
1-MONTH PERF.+69.82%
3-MONTH PERF.-3.83%
6-MONTH PERF.+158.22%
YTD PERF.+175.18%
1-YEAR PERF.+65.35%

Moving Averages

+/- EMA(20)2.70 (+39.63%)
+/- SMA(50)2.66 (+41.73%)
+/- SMA(200)2.31 (+63.20%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

Technical Indicators

CCI20331.6888OverBoughtChaikin Money Flow0.4214Buy
MACD0.1457BuyMoney Flow Index94.6910OverBought
STOCH (14,3)84.5361OverBoughtSTOCH RSI1.0000OverBought
UO67.3326BuyWilliams %R-15.4639OverBought

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