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Short

Oh oh..that really smells bearish!

NASDAQ:BBBY   BED BATH AND BEYOND
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34
Prices below 41$ are not good.....
Comment: It doesn`t smell bearish anymore..a bottom is be formed....will we see a bigger breakout-longsignal These days?
Comment: Bottom building: triple Bottom + H&S = LONG!
Comment: trigegred

Comments

IMO I see a reversal formation around the top of that channel, I would short it. I do not see it breaking the neckline without another test of the upper trend line. Momentum still intact for the downswing in general. So when it blows, it is going.
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like ! :-)
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I think I would look to open a short position at the $45 area. Downside momentum is tremendous.
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also a good idea ...but anticyclical.- against the trend...i just trade in trend direction, only procyclical trades..good luck and thanks for the comment
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