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
BBBY
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.
DWAC Epic Market On Close VolatilityInto the final minutes, $DWAC was trading at $39 a share at about 3:58pm. It then flushed to $36.69 by 3:59 only to reverse and close at $42.29 by 4pm. It hit a high of $59.39 before closing at $55.40 after hours. This is off of news that they have reached a fundraising target. With Jack gone and the recent distribution in names like $TWTR and $FB, is this a rotation into a competitor? Or is it a rotation from meme stocks such as $GME, $AMC, $CLOV, $BB, and $BBBY that have recently rolled over? Either way, this is nothing short of epic volatility.
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?
A Non-Random Pattern..!Jim Simons: we should try to trade patterns that happen on a non-random basis..!
Now with higher confidence, we can say Wall Street bets are predictable..!
NYSE:AMC with a 22 billion market cap gained more than 20% in a single day!
Today's price*volume: 9.9billion second to BABA and 10% above Tesla..!
Why this is important? because the last time this phenomenon happened it was the start of a Gamma squeeze..!
I will not surprise to see it ranked first tomorrow!
To learn more about it please read my previous post:
August 23-24, 2021:
Max Pain or Short squeeze?
Is there hidden rationality beyond irrationality?
Short Squeeze or Gamma Squeeze that is the question?
August 20, 2021:
This is called WSB effect..!
In the past few days, I published posts about Wall Street Bets and how they conquered the market!
They are not just a group of "Apes" unlike what many think, there is a master puppeteer and a core behind this phenomenon who know market mechanics top to down, the power of social media, data analysis.
The master puppeteer has learned to survive in life and career with a false identity many years ago from his grandmaster..!
To wrap it up, do not take an opposite position this could last for a while..! Today was the largest gain and trading volume since last "Quadruple Witching" June 18, 2021..!
Is there hidden rationality beyond irrationality?Gama Squeeze Happens between Quadruple Witching Dates
When stock prices experience rapid shifts, the conditions may be ripe for a squeeze. In this scenario, investors may find themselves buying or selling shares of stock outside their normal trading pattern in order to minimize losses. A gamma squeeze is an extreme example of this, in which investor buying activity forces a stock’s price up. Gamma squeezes are often associated with options trading and they can be problematic for investors who don’t fully understand how they work.
A short squeeze is a specific type of stock squeeze. With a short squeeze, an increase in stock prices can force people who shorted the stock to buy back their shares.
How a Gamma Squeeze Works
Certain conditions have to be met for a gamma squeeze to manifest in the market. It starts with investors making assumptions about a particular stock’s price. Specifically, they assume that the stock will rise in price.
This leads to buying short-dated call options in the stock on a large scale. A call option’s value increases when the underlying stock it’s associated with increases in value. Meanwhile, this puts the institutional investors selling the options in a short position.
If this pattern continues with investors sinking more money into call potions, that can force institutional investors to buy more shares of the stock. This is a necessary step for hedging against the short position they now find themselves in.
The gamma squeeze happens when the underlying stock’s price begins to go up very quickly within a short period of time. As more money flows into call options from investors, that forces more buying activity which can lead to higher stock prices. Investors who purchased call options and sell when stock prices are high can reap sizable profits but the institutional investors who had to cover their short positions might see significant losses. (1)
Now lets review 10 famous example in 2021:
1- NYSE:GME
2- NYSE:AMC
3- NYSE:BB
4- NASDAQ:BBBY
5- NYSE:NOK
6- NASDAQ:CLOV
7- NASDAQ:SOFI
8- NASDAQ:WKHS
9- NYSE:FSLY
10- NASDAQ:NAKD
As you see all these spike patterns happened between Quadruple Witching Dates!
What Is Quadruple Witching?
Quadruple witching refers to a date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September, and December.
Quadruple Witching Dates 2021
March 19, 2021
June 18, 2021
September 17, 2021
December 17, 2021
I believe a new round of Squeezing has just started and VLDR and GOEV, two of the most shorted stocks are just the tip of the iceberg.
GOEV: Short Percent of Float 32.48 %, 32.3M, 10 days to cover..!
VLDR: Short Percent of Float 16.06 %', days to cover 4.5
Do you know Which stocks have the potential to be the next Short or Gamma squeeze???
Reference Article:
www.yahoo.com
www.investopedia.com
Apes, Mafia, who plays better? who has grater chance of success?Sapiens came to dominate the world because it is the only animal that can cooperate flexibly in large numbers. Prehistoric Sapiens was a key cause of the extinction of other human species such as the Neanderthals, along with numerous other megafauna.
Evolution is a change in the characteristics of living things over time. As described by Darwin, evolution occurs by a process called natural selection.
Natural selection is the process through which populations of living organisms adapt and change. ... Through this process of natural selection, favorable traits are transmitted through generations. Natural selection can lead to speciation, where one species gives rise to a new and distinctly different species.
Now my question is:
Can 10 million apes defeat a small number of the elite sapience equipped with AI by behaving like apes?
The best way to answer this question is to learn to play "Mafia"
Mafia, also known as Werewolf, is a social deduction game, created by Dimitry Davidoff in 1986. The game models a conflict between two groups: an informed minority (the Mafiosi or the werewolves), and an uninformed majority (the villagers). At the start of the game, each player is secretly assigned a role affiliated with one of these teams. The game has two alternating phases: first, a night role, during which those with night killing powers may covertly kill other players, and second, a day role, in which surviving players debate the identities of players and vote to eliminate a suspect. The game continues until a faction achieves its win condition; for the village, this usually means eliminating the evil minority, while for the minority this usually means reaching numerical parity with the village and eliminating any rival evil groups.
Night
All players close their eyes. The moderator then instructs all werewolves to open their eyes and acknowledge their accomplices. The werewolves pick a "victim" by silently gesturing to indicate their target and to show unanimity then close their eyes again.
A similar process occurs for other roles with nightly actions. In the case of the seer, the moderator may indicate the target's innocence or guilt by using gestures such as nodding or head shaking.
Werewolves discussing whom to kill during the night
The night may be accompanied by players tapping gently to mask sounds made by gesture.
Day
During the "day" phase, players vote on whom to eliminate
The moderator instructs players to open their eyes and announces who "died" the previous night. Discussion ensues among the living players. At any point, a player may accuse someone of being a werewolf and prompt others to vote to eliminate them. If over half of the players do so, the accused person is eliminated and night begins. Otherwise, the phase continues until elimination occurs.
According to some rules, the role of dead players is revealed; according to others, it is not. In both cases, dead players are not permitted to attempt to influence the remainder of the game.
Because players have more freedom to deliberate, days tend to be longer than nights.
Game theory
Mathematical study
Mafia is a complicated game to model, so most analyses of optimal play have assumed both (a) that there are only townsfolk and Mafiosi and (b) that the townsfolk never have a probability of identifying the Mafia that is better than chance. Early treatment of the game concentrated on simulation, while more recent studies have tried to derive closed-form equilibrium solutions for perfect play.
In 2006, the computer scientists Braverman, Etesami, and Mossel proved that without detectives and with perfect players the randomized strategy is optimal for both citizens and mafia. When there is a large enough number of players to give both groups a similar probability of winning, they showed that the initial number of Mafiosi m needs to be proportional to the square root of the total number of players P, that is With a simulation, they confirmed that 50 Mafiosi would have almost a 50% chance to win among 10,000.
I believe the WSB scheme could be designed based on this game theory!
I have played many Mafia game many times, and whoever who played this game many times know that Mafias has a higher chance of success!
According to a 2021 article:
A single detective changes the qualitative behavior of the game dramatically..!
Play smart..!
Listen to the detective..!
Reference:
en.wikipedia.org(party_game)
www.kqed.org
www.researchgate.net
Retail is open and primed!BBBY earnings expected with positivity and nothing but net'
Bed Bath & Beyond Inc . and subsidiaries (the "Company") is an omnichannel retailer that makes it easy for our customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond .
Bed Bath & Beyond operates websites at bedbathandbeyond.com, bedbathandbeyond.ca, buybuybaby.com, buybuybaby.ca, facevalues.com and decorist.com.
With retail popping up BBBY looks to be a real BBY , trend reversal since the crash last year, and solid fundamentals and projections.
Not sure why this is considered a meme stock since it actually makes big bucks, and price is below its intrinsic value according to Ben Graham's calculation for that.
Entry price : $30 candle close
TP : $45
SL : $25
(Disclaimer - not financial advice just speculation and logical opinions)
NASDAQ:BBBY
BBY - PT 142Have an obvious C&H pattern here and as long as we can hold above the neckline of 121, the implied price target for this setup is 142. If we get a break down below the neckline and a push below the handle (swing low), this pattenr will be invalid. Good risk/reward here with the right stop loss. GL
BBBY - Beyond the sky ⭐-Guidance for 2021, flat revenue growth of $8.1 billion, and $510 million of EBITDA.
-11% of the company to be repurchased over the coming 12 months, on top of the 13% repurchased the past several months.
-Despite no top-line growth in fiscal 2021, this stock trades for less than 6x EBITDA.
should be renamed, Bed Bath and Beyond $45 IncomingTLDR bbby going bigly beyond
Measured move from previous run up 120% brings us up beyond previous resistance around $45 from where we are now
Previous run up saw the largest volume bar entry BBBY has ever seen followed by 15 bars on the weekly chart or 69 bars on the daily before blast off
This time we have had again the largest volume bar entry ever bigger than the last and, this time around a price of $30, were only now at 41 bars on the daily chart from this volume entry and conveniently have earnings coming up within this time period at 63 bars. Just enough time to scam it sideways to burn short date option earnings players before scamming it to new highs again
Conveniently this delay would also take us to 100dma support as well as on the weekly chart would have us seeing the 100 weekly moving average bullishly crossing the 200 weekly moving average which historically for bbby has shown good things happening for quite some time
$79 previous ATH of course possible
This would also all within keeping of a tidy little channel lining up with the 100 and 200 day moving averages and with left beginning point of the channel at $5.95 the highest price volume point this whole crash and recovery, starting the channel off on the third day of support at this highest price volume level
Seems like bed and bath are gonna go Bigly beyond!!
GTC - The Unsung Hero of Trading Tools!This is a video of how one might have used GTC limit orders to avoid the stress and potential heartbreak of trading halts, platform or exchange slowdowns of just plain stuck in a meeting when your stock took off for it's temporary ride into the stratosphere during the recent short squeeze frenzy.
GME has no chillSee my video from last week, linked below; Short Squeezes: Finding more like GME
I am truly amazed at what the folks over there are doing to NYSE:GME , NYSE:AMC , and NASDAQ:BBBY . Is it market manipulation? Yes. Is it illegal? No. It is definitely a force that all traders right now MUST acknowledge. This meme culture of investing is what is in play this week. Trade smart!
BYYY shows amazing potential!Ok so it’s been over 3 years since the stock hit over 45 of course long term investors were going to sell! They were bag holding! So to everyone that bought stock over 35 don’t freak out loll... I honestly think this baby is going to go back up to at least 38 by the end of month 💪📚