BBBY - ROCKET TO THE MOON? (HIGH RISK TRENDS PLAY)

Here it is. Everyone has been waiting for a massive squeeze, and it might happen within the next few weeks.
Following trends, I'm picking up the opportunity for a high risk trends play.

Here's the chart. Buy target was in green around $7.80, that might be more like $8.64 now, sell targets #1 and #2 are in orange, Sell target #3 is green @ 47.46. After that, momentum could carry the stock to $60-$74. Monday, looks like a potential run into Tuesday where we see $13 tested again. After rejection around $13, a retracement to $10 is very likely, followed by a close over $12 but under $13. The big run should start the following week with a large gap up in price on Monday followed by a huge movement to the upside into the 20th.

Again, I can't predict the future, but if these trends were to follow as they have been, it shows us the possibility of huge upside coming on GME, AMC, BBBY & TLRY.
The downside potential of this trade is if the $7.64 mark can't hold, expect $6.21. Line is a projected price movement to display upside, do not follow it exactly.

Komentar:

8.64 close. See ya'll on the moon.

Komentar:

Upside to $12 is still showing on the charts, however, it looks as if we are taking the underside of the trend and any gamma squeeze potential will likely get pushed into mid October/early Nov.