Stoic-Trader

BBBY - Will the short squeeze survive?

NASDAQ:BBBY   Bed Bath & Beyond Inc.

There´s talk on the intertubes that a short squeeze is in play for BBBY.

From a technical analysis point of view, we do have the conditions to consider all waves down are finished.

Price reached a key resistance in the $13 zone. Only above this level I´ll considered the bullish trend to be in place again.

We could see a pullback on the next few days... depending on the signature of this pullback, there could be a long trade opportunity.

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