BBBY expected to open at 75.50 for a Perfect Gap N Go. Watch out for support/resistance at 75.40 To learn to trade this strategy for free, go to www.RealLifeTrading.com
reasons to why i see a 10 dollar movement to the 1.618 extension to the downside of bed bath and beyond
A similar pattern, then a similar result.
BBBY seems cheap to me at 1.1 times sales (PSR 1.1) and with earnings just 7 days away and with retail stocks already suffering under the weight of poor retail sales, I think the news is already out and some upside may be more likely at this stage. The last time BBBY declined it fell for 114 market days and approximately the same percentage decline. That is only...
This morning, many of the leading retail stocks are being sold off to start the day. Bed Bath & Beyond Inc. (BBBY) is one of the leading retail stocks declining lower. The stock is falling by 0.97 cents to $77.00 a share. Short term day traders should watch the $76.46 level for strong intra-day support. This could be an area where the stock could stage an...
IF WE HAVE A BREAK FROM THE RED LINE (RESISTANCE) WE EXPECT A RISE OF ABOUT 10 (POLE FLAG). EXPECTED BREAK AROUND 72-73