BBBY Reversal Zone $we need to hold this current support to have a reversal , and once we break the 0.39$ resistant we going to have another pump towards the profit taking the 0.55$ and once we break that level the next level will be the 0.77$
Bbbysqueeze
BBBY - I think this is a great buyI believe this is a great buy for a swing trade, risk to reward ratio is sick on this one. Look at the volume, Something is brewing. NFA
BBBY Reversal Squeeze $we getting near the bottom price where we should see a reversal above the 1.28$, the confirmation for a squeeze will happens once we break the current resistant around the 2.11$, after we break that level we going to see huge buying pressure till the first profit taking below the 2.89$.
if we broke that bottom support , is means the short seller's we short till just above the 1$.
BBBY By no means is this any financial advice. Since we've all seen the news that was released about Bed Bath & Beyond reportedly raising $1 billion in the stock deal to get out of loan default.
now that means they are diluting the shares.
Shares of the retailer are heavily shorted, with short interest standing at about 53% of the float, according to data compiled by S3 Partners.
The company is doing this because the stock went up so much that you need to understand that BBBY will sell that to take the profit out of the squeeze. so most likely every time it rises they will make an offering diluting the shares even more which will cause a pull back. so be careful of that
