BigBear.ai, Inc.
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XABCD pattern playing out $12 target

829
BBAI is looking like it will play out the XABCD butterfly pattern if it continues to rally from the .382 of the pull back from previous $2.35 lows and 8.73 highs.

Breaking down and close below the $6.06 daily candle will potentially expose the previous consolidation POC at $3.87, which is a .75 pull back.

Using Fib time, I am expecting a $12 range around this year in December.

Will look to open a 7/12 bull call spread at Jan 2027 exp.

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