A NEW IDEA ON BED BATH & BEYOND STOCK — AMAZON FAILED TO KILL IT

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Bed Bath & Beyond (BBBY) reported earnings better than consensus and the whisper numbers.  The buy zone is $14.52 to $18.37, preferably below $16.61. BBBY is trading at $18.20 as of this writing in the premarket.  This is a momo trade and thus suitable only for aggressive investors.  The first target zone is $20.73 to $22.87.  The second target zone is $24.83 to $29.57.  Maximum recommended quantity is 30% of full core position size.  Stop zone is $12.43 to$13.38.

This post was just published on ZYX Buy Change Alert.

 

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