BBBY trade ideas
BBBY LONGThe grey trend line seems to well describe last years trend. It is easier to see that on weekly time frame. We could say it works as a support level because every time the price bounces back to a higher level so we can expect this time to happen the same.
At this moment the price is testing lower Keltner Channels band and trying to get above it.
RSI is close to crossing signal line on daily time frame as it already crossed on 4H time frame.
MACD is rising.
ENTRY: 7.24
SL: 6.71
TP: 8.3
Buy BBBY (Long Term)Good level to buy now or near strong support of $12.50. Expecting a spinout or sale of one of their subsidiary Buy Buy Baby in the near future, which might drive the stock to >$30. Fundamentally the stock is pretty undervalued based on their revenue vs market cap, and has a low available float with high short interest.
Price Target 1: $30
Price Target 2 (9 months): $50
Bed Bath & Beyond (USA: $BBBY) Revisiting 0.786 Fib Yet Again!🛀Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It operates through two segments, North American Retail and Institutional Sales. The company 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 products. As of February 27, 2021, the company had 1,020 stores, including 834 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 132 buybuy BABY stores; and 54 stores under the names Harmon, Harmon Face Values or Face Values. It also offers products through various Websites and applications, such as bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca and decorist.com. In addition, it operates Decorist, an online interior design platform that provides personalized home design services. The company was incorporated in 1971 and is headquartered in Union, New Jersey.
BBBY break for BULL RUN Technical analysis based on 2021 run up BBBY can run
As per reference J NASDAQ:BBBY
if BBBY rises and breaks downtrend from yesterday 3/30/22
massive upside can be foreshadowed based upon TA on
Looks very similar to January 2021 run up with same pull backs and take offs
Get ready for lift off
wait for confirmation signs prior to investing
INVESTOR BEWARE*********
this is not financial advice
CAVIOT EMPTIOR
Meme PowerIf you're going to play any meme NOW, it is BBBY.
GME and AMC have run up to high resistance levels so if you didn't join early on, you're too late.
BBBY on the other hand, still has room to go.
Looking for closes on the hourly above 28, 31 ish areas and squeeze can commence.
Purely degen play. No point in charting other than resistance levels.
Cohen all over this as his next play. This may be the next (dare I say...) MOASS.
Do your own DD.
NFA.
Whole market is just on some drugs. Might as well join in on the fun if you like gambling lel.
In 04/01 30c
04/08 35c
Bed Bath & Beyond (NASDAQ: $BBBY) Back At Pre-Pandemic Levels!💡Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It operates through two segments, North American Retail and Institutional Sales. The company 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 products. As of February 27, 2021, the company had 1,020 stores, including 834 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 132 buybuy BABY stores; and 54 stores under the names Harmon, Harmon Face Values or Face Values. It also offers products through various Websites and applications, such as bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca and decorist.com. In addition, it operates Decorist, an online interior design platform that provides personalized home design services. The company was incorporated in 1971 and is headquartered in Union, New Jersey.