nicktussing77

MEMES are about to run - BOLD PREDICTION: BBBY

Long
NASDAQ:BBBY   Bed Bath & Beyond Inc.
BBBY to $60 by SEPT 9th. I think meme stocks are about to run, and if it follows this trend, some bears are about to get absolutely wrecked in the short term. I would not at all be surprised to see BBBY close under $15 on Friday, which allows for a nearly 50% gain tomorrow/Friday morning, Along with a massive pump to follow in the coming weeks. Be ready for some up and down movement.
Comment:
DO NOT SELL, MAJOR PUMP INCOMING

Look for a jump to $33 before heading back down to around $26, before likely heading to $60.
Comment:
Not sure tomorrow sees over $15, I think we'll have to wait until the start of the month. However, I do see a quick drop in the morning to around 10.01 - 9.84 with a retracement of that drop heading to $13 and closing the day around 12.60.

I still believe we are on trend to see a big price movement to the upside by the 9th. If you have lost money, consider the upside potential before selling at a loss. I believe this is your chance to double down, if you still believe in the stock.

If you want a chance to exit safely, I'd look to exit next time the price hits over 12.50. Otherwise, I'd buckle up because it may be a bumpy ride.
Comment:
Monday and Tuesday charts starting to reflect movement down to 9.36-8.44 range, this movement is an exit point for the break of a bear trend, and still keeps us on trend for a bigger movement to the upside over the first 6-12 days of SEPT
Trade closed manually:
Closing trade, We did not hit target by the 9th. Will look to reset target heading into the 22nd of sept.

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