Products You May Like
Photocredit: © 2019 Bloomberg Finance LP
© 2019 Bloomberg Finance LP
The weekly price cycle of Bed, Bath and Beyond tops this week on the 13th. Seven of the last eight sell signals have been successful. August has been a bearish month for this stock, rising only 45% of the time. By the end of the month, this stock is likely to drop to the $7.75-$8.00 range.
Chart 1
This weekly cycle points down; the share price is likely to follow.
Cycles Research Investments LLC
Chart 2
Relative strength has been weak and is unlikely to improve.
Cycles Research Investments LLC
The GameStop weekly price cycle tops this this week. Eight of the ten sell signals have been profitable in the last year. Relative strength has been weak and is likely to weaken further. The share price is likely to drop closer to the $3.25-$3.30 area.
Chart 3
This reliable cycle points to lower prices .
Cycles Research Investments LLC
Chart 4
Relative strength and price are confirming on the downside.
Cycles Research Investments LLC