Here it is. Everyone has been waiting for a massive squeeze, and it might happen within the next few weeks.
Following trends, I'm picking up the opportunity for a high risk trends play.
Here's the chart. Buy target was in green around $7.80, that might be more like $8.64 now, sell targets #1 and #2 are in orange, Sell target #3 is green @ 47.46. After that,...
Bed Bath & Beyond (BBBY) reported Q2 August 2021 earnings of $0.04 per share on revenue of $2 billion. The consensus earnings estimate was $0.53 per share on revenue of $2.1 billion. Revenue fell 26.2% compared to the same quarter a year ago. The company said it expects third quarter results to range from breakeven to earnings of $0.05 per share on revenue of...
There are three areas where gaps have formed:
#1 - 9.97 to 11.52
#2 - 15.15 to 16.16
#3 - 20.81 to 22.50
It appears that over the next 2 weeks those gaps will be filled. Once the gaps are filled, its anticipated that she will put in a double top, and pull back to the $4.00 range.
BBBY to $60 by SEPT 9th. I think meme stocks are about to run, and if it follows this trend, some bears are about to get absolutely wrecked in the short term. I would not at all be surprised to see BBBY close under $15 on Friday, which allows for a nearly 50% gain tomorrow/Friday morning, Along with a massive pump to follow in the coming weeks. Be ready for some...
Everything is pretty much said in the chart, we first broke the local downtrend but resulted as a fakeout, we are now back to where we started the pump, around the 8.18-9 area, we just filled the gap down, now we have the freedom of going up, there are 2 big gap to fill at around 18 dollars and 22.5 dollars, but if momentum continues and we break the 30-32...
Critical support zone roughly 855-8.68 area. Must hold and flip green. If we can, we may put in a W pattern on this support here Howver losing that support and starting to flag under as Resiatnce can signal a short signal which could dip down towards the lower 6$ range. Be careful , patient and wait for the momentum not the falling knife. Good luck!
Ticker: $BBBY
Event: Mega head and shoulders
Date: 9/17/2001 to 9/17/2022
Note: Mega head and shoulders lasting 21 years will complete and propel the stock into the largest squeeze in human history. Buy price target 1.50, sell target $100, $200, $280.
Bed Bath and Beyond will head into lower territories within the coming weeks as we see a potential sell off to $8.00, I will explain why.
As you can see I have marked the top, middle, and support for Friday 8/19/22 close. Below that we have a huge gap fill to potentially fall to $8.00 or so.
We will see if buyers can keep it above this level.
The reversal of fortune for this much maligned stock could be about to start, not long to go then should technically be ready to start a potential run (NFA)
Idea stems behind a cup and handle formation and based on support and resistance lines acting as barriers or through passes.
NASDAQ:BBBY
Hello everyone ,
I'm back with BBBY madness! Just a reminder none of this is financial or sexual advice. The last time GameStop was on Reg Sho explosions happened. This is moving very fast so good luck to you all! Zooming in on the daily, from the recent downtrend we hit 0.618, 0.786, and the 1-1. We did leave two gaps to fill at around $13 and...
needs to get back in that cannel at 30.50ish then she goes to 90-100 easy or higher sky limit this could pass the top trend line by a few hundred and bounce back off it. imagine it runs to say 400 and comes back to settle at 100. i wouldn't pass the bulls. u a fool to bet against this
Very hard not to be bullish on a chart like this. Massive short interest, low float, billionaire backing, history of stock buy backs... at this point a partnership, a stock buyback, or anything out of the ordinary on the 31st could send her to triple digits. Remember September 1st is a big day for shorts... What a great Meme symbol as well. To infinity and...
we formed a triangle last Friday , now we have one critical level to confirm the breakout and going towards the 16.20$+, which is breaking the 12.51$+ resistant.
cause if we didn't had that reaction and broke the triangle from below we going to have a visit for the support above the 8.24$, and the bottom above the 6.50$ , if we didn't hold above support level .
Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores.
It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile...
After the stock has retracted as shown in the previous analysis, I will leave the link below
I find a buying opportunity if the stock can hold above the support area 9.31 :8.00 and to reach 13.54
And later it reaches the level 17.17,if the market signals confirm it
BBBY was the 3rd most shorted stock as reported by marketwatch 1 month ago, I believe it may be the most shorted stock now when the totals get updated:
www.marketwatch.com
Also yes Ryan Cohen sold, but Jake Freeman also sold $100 Million: www.dailymail.co.uk
this is money and profit that's now sitting on the sidelines.
Freeman said : "'I certainly did not expect...
