This morning, many of the leading retail stocks are being sold off to start the day. Bed Bath & Beyond Inc
. ( BBBY
) is one of the leading retail stocks declining lower. The stock is falling by 0.97 cents to $77.00 a share.
Short term day traders should watch the $76.46 level for strong intra-day support. This could be an area where the stock could stage an intra-day bounce.