BBBY - breakout day
Updated
Hi, I know there's been a lot of dates going on and so on. No pressure.
And here I present you another date, yep.
Based on my TA analysis and recent news noise going out about possible M/A I think BBBY is on the Bullish trend right now.
Why do I think it is on the verge of a breakout? It holds the resistance pullback line and volume is drying up. Yesterday volume grown a bit and in my opinion in may indicate possible pullback end. If we break pullback line as on the picture I wouldn't consider selling it untill it pumps really hard. I don't want to give you the targets here but I see the profit is here even if you are for 5/10/100 or even 1000%. -> your decision as always
And here I present you another date, yep.
Based on my TA analysis and recent news noise going out about possible M/A I think BBBY is on the Bullish trend right now.
Why do I think it is on the verge of a breakout? It holds the resistance pullback line and volume is drying up. Yesterday volume grown a bit and in my opinion in may indicate possible pullback end. If we break pullback line as on the picture I wouldn't consider selling it untill it pumps really hard. I don't want to give you the targets here but I see the profit is here even if you are for 5/10/100 or even 1000%. -> your decision as always
Note
Ok, so initial breakout phase succeeded. (2023-01-24 close) I highly recommend not to sell shares as for today to keep the pressure. M/A seems probable for the time being and I believe we are at the uptrend start, not the last exhales.
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