Mulakan
inthemoney

Bed Bath & Beyond $BBBY Gap Fill Technical Support Nears

Bed Bath & Beyond Inc. (NASDAQ:BBBY)  
inthemoney  
NASDAQ:BBBY   Bed Bath & Beyond Inc.
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
Shares of Bed Bath & Beyond (BBBY) have been grinding lower ever since the company surged on better-than-expected earnings. The down-draft has been sector wide as the consumer seems to be shopping less and only online. While Bed Bath & Beyond still had stellar results, it has been caught in general selling pressure. Having said that, there is a major gap fill approaching that is a strong buy swing trade. The level is $12.25 and about $1.25 away from the current price. At this level, Bed Bath & Beyond is expected to bounce sharply higher. I will be looking to buy at the $12.25 level in the coming weeks.


BBBY

Gareth Soloway
InTheMoneyStocks
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.