BBBY Is Down, Watch This Bounce Area
Nicholas Santiago | Jan 14, 2014 01:54PM ET
Leading retailer Bed Bath & Beyond Inc (BBBY ) is declining again today by 1.61 percent. This stock has plunged by more than $12.00 since January 8, 2014 when the stock traded as high as $80.22 a share. Swing traders should watch the $64.50 level for near term support and a potential short term bounce. This stock is severely oversold, which is an area where the institutional money may come in and support the stock.
Nicholas Santiago
www.InTheMoneyStocks.com
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