The "range expansion" for BBBY in this little rally off of the 60 level is indicative that the sellers are exhausted and that short-covering and new buying may be in the cards in the short run.
With EPS only 7 days away - this is a short-term trade. Exit before even though my forecast extends well beyond 7 days.
Tim 61.26 +0.71 last +1.17%
11:54AM EST 6/18/2014
I did not buy yet because earnings are due in a few days and looking back, this stock is way too violent for me on earnings calls.