Head and Shoulder Bed Bath and Beyond BBBY has formed a classic head and shoulders reversal pattern. With poor guidance and an update on recent estimates this stock is likely going to continue going down for the next 3-9 months. Consumer spending seems to be shifting away from this store as more people are buying retail goods online. The so called "Santa Claus" rally is likely going to leave investors even more disappointing. I'm looking for a bounce around the $36 previous support.
