@CyrilDavy:$SDOW(SDOW)$ As this chart shows EMA'S 4 & 8 have been major resistance during the pullback They need to turn into support to get the bounce going 😤 The key 🔑 level to break though is EMA 13 @ 25.39 Once there's a close above EMA 13 & SDOW can get the bounce going The middle Bollinger Band at 26.03 needs to turn into support for a new up trend to begin
@StickyRice:Bed Bath & Beyond looks like a $1 stock to Loop CapitalLoop Capital Markets is not backing off its bearish stance on Bed Bath & Beyond (NASDAQ:BBBY) $Bed Bath & Beyond(BBBY)$after the recent share price jump.Analyst Anthony Chukumba thinks the meme-inspired short squeeze rally does not alter the poor fundamentals for the retailer.Chukumba said recent channel checks by the firm indicated widespread out-of-stocks, heavily discounted private label merchandise, dirty stores, and disengaged employees.He was also skeptical that the new financing would save the day for BBBY."We also doubt a new ABL would make BBBY’s vendors— who we continue to worry could place the company in a death spiral by demanding more onerous payment terms—any more com