Possible double bottom forming on the 30 minute chart.
.27 Showing some strong support now.
Green box possible target price range for a break after the double bottom.
Orange boxes are gaps on the daily chart, could get some pops up to close those gaps. All gaps down below have been closed, and the recent move to the downside could've been to close the gaps (aside from stock being shorted to hell). .55-.6, and then .95-1.05 going to be another big gap to really get some momentum going.
.81 is where the downtrend started so that will hopefully be stop number 2. Gotta get past .5 first and power through.
Not quiet like GME squeeze just yet, we do not have stimulus checks coming in, BBBY is also not talked on WSB until it surpasses the necessary market cap.
Other reddiots and YouTubers fighting blah blah blah blah
Still awaiting Earnings.
Possible Reverse stock spilt, and possible dilution from all the crazy deals going on.
Special meeting coming up may 9 2023, we shall see if we make it to that date. Apparently BBBY is 5 days away from declaring BK if things do not change.
Funny thing is the green vertical line is when im hopeful for a move up, happens to be just before the meeting.
None of this is financial advice.
Do your own research, these are my speculations and opinions, and if this goes south I am aware I can and or will lose the total notational value of my trade.
I hold call options of BBBY, and 2000 shares.
I have been in and out of BBBY since August, and it's been a gnarly ride.
My tinfoil has gone through the microwave now, and I'll see where my bag takes me.
.27 Showing some strong support now.
Green box possible target price range for a break after the double bottom.
Orange boxes are gaps on the daily chart, could get some pops up to close those gaps. All gaps down below have been closed, and the recent move to the downside could've been to close the gaps (aside from stock being shorted to hell). .55-.6, and then .95-1.05 going to be another big gap to really get some momentum going.
.81 is where the downtrend started so that will hopefully be stop number 2. Gotta get past .5 first and power through.
Not quiet like GME squeeze just yet, we do not have stimulus checks coming in, BBBY is also not talked on WSB until it surpasses the necessary market cap.
Other reddiots and YouTubers fighting blah blah blah blah
Still awaiting Earnings.
Possible Reverse stock spilt, and possible dilution from all the crazy deals going on.
Special meeting coming up may 9 2023, we shall see if we make it to that date. Apparently BBBY is 5 days away from declaring BK if things do not change.
Funny thing is the green vertical line is when im hopeful for a move up, happens to be just before the meeting.
None of this is financial advice.
Do your own research, these are my speculations and opinions, and if this goes south I am aware I can and or will lose the total notational value of my trade.
I hold call options of BBBY, and 2000 shares.
I have been in and out of BBBY since August, and it's been a gnarly ride.
My tinfoil has gone through the microwave now, and I'll see where my bag takes me.