Jul. 29 at 12:46 AM
Bed Bath & Beyond Inc.
$BBBY $5.28 (8h)
Bullish Flow: Price action is consolidating inside a multi-month descending channel on the 8h timeframe, holding tightly above the absolute structural base floor while testing local demand zones. 🐂 💧
Bull Key Level:
$5.40 (Bull confirmation to clear overhead channel resistance and target higher liquidity) 🐂 🔥
Bear Key Level:
$4.26 (Major structural support base to hold long-term) 🐻 ⚠️
Targets:
$6.50 /
$8.00 💰 📉
Why: Technical structure shows compression near major volume nodes on the 8h chart. Sustained defense of the lower channel boundary keeps the bias open for a macro relief rally toward upper overhead supply.
#bbby #optionsflow #stocktrading #hovdid
