Investors in BBBY are guaranteed a rollercoaster ride from one earnings report to the next, the chart is horrendous with huge gaps up and down, a pure nightmare of a stock to analyse so in our opinion it is a pure gamble that you must be crazy to want to trade but our trade setup is a long into earnings, with support below as our stop loss. The risk and rewards are high but its a trade not a investment.
Technically, Bullish divergence does exist and they MA''s 7 & 12 have crossed positively.
Volume is unconvincing as expected given the volatility.
Technically, Bullish divergence does exist and they MA''s 7 & 12 have crossed positively.
Volume is unconvincing as expected given the volatility.