RedHotStocks

Gamblers chance on Bed Bath and Beyond into earnings .

Long
NASDAQ:BBBY   Bed Bath & Beyond Inc.
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.


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