This "meme stock" has been seeing alot of action over the last couple of years but has recently tumbled over and may be giving an actual credible entry here. I would either go light with slightly OTM September 16 Calls or i'd just straght up buy a few thousand shares. I personally will be going with buying 4000 shares here and seeing how it goes.
The anchored VWAP from $4.5 levels comes around $17 zone which means buyers are still in profits.
The fib levels come around $14-$16 zone which also indicates a strong support area
If prices fail to hold $14 then it may retest $10 zone.
Below $10, stock will be weak
finally breaking bearish downtrend after 18 months of blood!
huge increase in buying volume for shares/call options, once we cross 36 resistance I expect a quick rally to 48-70-92
good luck, don't forget to drop boost and follow for more. see you tomorrow 💛
I heard on Reddit that BBBY is prime for a major pump because Ryan Cohen talked about spinning Buy Buy Baby off into a separate company, which would in effect create an airdrop of new stocks for holders.
I heard on Reddit that BBBY is due for a pump because Ryan Cohen bought Jan '23 calls @ a $50 strike.
I heard on Reddit that BBBY is due for a pump because...
I felt like grabbing a few crayons and draw some lines.
Two big fib targets in my book. 400 and eventually when all goes to the moon and beyond, 1700.
400 seems where we go down like 90% to 36
Looking like more downside. 2 solid entries I’d attempt. 14.65 stoploss 13.60
And second and last idea 11.15 stoploss set 10.40. Small risk setups but 2 areas I’m looking for a bounce to come in. If we get a bounce on either of those areas my idea for sell target depends on which we bounce.
14.65 bounce, targeting 23$
11.15 bounce targeting 17$
Everyhting on the chart!
Check th daily Chart for the formation of a Impulse Wave.
Thanks to Regho T+13 for MM to delivery means first week of september it will be very spicy.
Not much else to see here. Buy and hold.
BUY AND HOLD.
LFG.
I see a clear Elliott wave 1, 2, 3, and 4. It looks like wave 4 could go lower, to either 16.11 or 13.91.
Just a little hopium for everyone that bought in too high, keep cool for a couple of days and prepare for wave 5.
This stock is all over the news these days.
Many pro traders in the biggest banks are shorting this stock; WSB is longing.
Looking at the monthly structure, it is looking better for bulls in my books. Though some of the juice has already been squeezed, it still has room for further upside for long exposure. For those not in it by now, it will be increasingly...
we have huge bearish momentum after hours after we got rejected at our resistant around the 28$, now we have to have a reversal above the 17.60$+, in order to retest this resistant and have a breakout and squeeze over the 30$+, other wise the short will take the price to the bottom price above the 13$+.
This has been a fun stock to day trade which is about to give us an amazing opportunity to absolutely rip. Short term I am expecting BBBY to hit $27 and push to $30 before the bulls come in. Keep this one on your watch list!
BBBY is trading within graphed channel, i think we will wake up @ $32 or above!!!
This is far from over!!! lst night we fell to 18.01 and woke up at $30!!!
Short Interest Ratio 0.17 Days to Cover
Short Interest % Float 41.86% -
Off-Exchange Short Volume 66,651,279 shares
- source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Ratio 58.02%
- source: FINRA...
The market has fulfilled all my expectations and I will leave the idea below to see the details
Here I expect the market to make a rebound and the target will be at (18.41) and this is after it passes the next two levels
22.10
20.93
