BBBYBBBY looking great. It keeps putting a higher lows. A break above 24.47 can potentially give it a short squeeze.
BBBY trade ideas
BBBy Long Entry- Calls above 23.75
Targets- 24.00, 24.00, 25.00,
Stop- 23.50
Strike/ Exp.- 24.50 weeklies for DT
$BBBY -Long*Above MA
*High ADR
*Nice flow + volume
Targeting next leg up to $34.
SL based on pattern.
CITRON is giving a GREAT LONG opportunity with $BBBYCitron following swing trading strategy idea
The share price is rising and gonna continue this trend today after the new Citron report publishing. The stock has very much short float and insiders purchases near prices much higher than current.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $20,97;
take-profit — $25,07/MOC;
stop-loss — $19,60.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Long | BBBYNASDAQ:BBBY
Possible Scenario: LONG
Evidence: Price Action,
TP1: 14.80$
It looks a very safe trade.
Call options 11/12/2021 Strike 15
*This is my idea and could be wrong 100%
BBY might be making a 3rd Wave UPSIDEBBBY made an ABC correction from 53.42 to 13.47, retracing 50% of the previous 5 wave move, if price can break and hold 20.99 it might try to move beyond the 45.02 and 47.80 highs. It must not lose 13.47, otherwise corrective pattern might not be over.
QuickTradeBullish cross at the bottom with RSI went overbought.
Stops at 13.7 / 14.6
In no way will wait a bearish cross of those EMA.
Crossing the 20EMA for the first time in so long.Bed Bath & Beyond, Inc. engages in the operation of retail stores and retails domestics merchandise and home furnishings. Its products include domestic merchandise and home furnishings such as bed linens and related items, bath items, kitchen textiles kitchen and tabletop items, fine tabletop, basic house wares, general home furnishings, and consumables. The company was founded by Warren Eisenberg and Leonard Feinstein in 1971 and is headquartered in Union, NJ.
BBBY long - $BBBYwait price 12$ and buy
goal 1: 18
goal 2: 22-23
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Hidden gem…Rsi shows we bounced like we have before we squeeze. Either we touch top triangle channel or break thru and go even higher.
I like this set up.Earnings coming . Shorts covering here . Squeeze. Hedge funds short again . Rinse and repeat
Bed, Bath, and Beyond weird Another high SI stock with a bizarre chart…yay
I can’t tell if I’m looking for something more than what is there, but for a company that is supposedly on the way out, it’s showing steady growth (two fun gamma squeezes too!)
Now the question is, when’s the next one?
Main issue with BBBY is that most of the float is hedge fund owned. Which tells me that all that price action you see is them bouncing the stock around themselves
Is the next run up close? Are they gonna hammer is down more? But why? There’s nobody to shake off of it?
So, when squeeze?
Bottomed..Think we bottomed last week , rsi shows hidden bullish divergence, lower lows. Price making higher lows . A break out this triangle pattern can send us to $74. $Bbby is heavily shorted with earnings coming up. Can probably happen. End of September early October.
$BBBYapproaching earning day really can see this stock moving well across these levels of resistances
Inverted hammer ….Similar pattern to the previous squeeze, RSI reversal divergence. Stoch RSI shows inverted H&S I cloned the top shoulders and the bottom and it looked like it bottom as well. Look at every previous Tops we had . ALWAYS squeezed and top on Wednesdays. Going to get very interesting
UpdateBbby is delayed to follow memes stocks. One thing I’ve noticed is bbby don’t slowly grind up. Has squeezes within a couple days . It’s shorted 20% more than amc and gme. Don’t see this hidden gem staying low anymore . I want to see this bad boy touch top of fib , maybe even break it at touch 1.628 fib . Indicators show hidden bullish divergence. Let the games begin
Potential breakout (falling wedge)Bed Bath & Beyond, Inc. engages in the operation of retail stores and retails domestics merchandise and home furnishings. Its products include domestic merchandise and home furnishings such as bed linens and related items, bath items, kitchen textiles kitchen and tabletop items, fine tabletop, basic house wares, general home furnishings, and consumables. The company was founded by Warren Eisenberg and Leonard Feinstein in 1971 and is headquartered in Union, NJ.
Please note:
- I'm just sharing my view. it's not a recommendation for buying or selling.
I chart best on weekends…Less pressure ,more calm lol. A better and bigger picture on this beautiful chart. We can go either both ways. Next week I expect a pull back I’ll load up 26ish maybe even 25ish .
A better look..One thing about it , two things for sure . Bbby is an amazing company. Let me tell you something , my wife spends hours at this crap place and some how ends up maxing out my card. Never fails , rather her max it out there than maxing it out at hotels getting pipped up by her side dude like she did last time. I can see this trading sideways till we finally take off , looks like it’s waiting for gme to follow .
