gamer456148

BBBY: $10 Target Reached in 1 Day, High today of $10.18

Panjang
NASDAQ:BBBY   Bed Bath & Beyond Inc.
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said the $10 target I predicted yesterday at the $8.37 price was met, making a 19.4% gain over a day in a decent stock. If I predicted the $10.18 high, the gain would be about 21.6%. It is traditionally a rule of thumb sometimes to be a bit off (though not intentional), because you don't want people to accidentally miss a small time frame and see that $10 price go down to $9.32 (which is what happened). That being said, this is a decent lesson on A) Charting patterns B) The importance of automatic sells. | Overall, I still have bullish hopes long term for anybody interested in this. However, I personally would just say put it on the watch list.

Penafian

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