SierrasTrades

BBBY The Road to $80

Long
NASDAQ:BBBY   Bed Bath & Beyond Inc.
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 $8. I think the trend continues on and into the 23rd. There's no stopping this now. Zooming out on the daily, downtrend that we started at the start of the year starting our fibs there, we are aiming for that golden pocket retracement and an extension to the 1.618.

PT #1 35
PT #2 43
PT #3 85

If we can break 35 and 43, see you all at 85. It was also extremely NOT surprising to see that BBBY ran and so did AMC and GME. The 23rd is going to be a very volatile week.
Comment:
Just hit the 0.5 retracement at 29.47. Possibly retesting 0.382 before moving up to the golden pocket.
Comment:
Amidst the fake news media trying to FUD the shit out of people and the huge drop after hours. Here are some actual facts. Ryan Cohen filed a form 144 which is a document filed with the SEC by any holder of restricted stock who intends to sell those shares and states, "To sell the restricted shares at any time within 90 days after the Form 144 is filed."

RC did not sell... yet. Huge price action coming within 90 days stay tuned!
Comment:
Back to 22.44

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