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Monday, July 25, 2011

Bed Bath and Beyond Inc..



This counter remind me of the show Click starring Adam Sandler where he got his remote control from this Bed Bath and Beyond Store hehe..









Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - 4R1G ( Bullish)
4) RSI - Retracing toward 50% ( Bearish)
5) Sto -  Bullish Crossover (Bullish)
6) ADX - strong momentum and Bullish

1 Points







       5 Points







Conclusion

Winner BULL
Wait for this counter to break the higher high to show a continuous uptrend

Entry Price 60.59
Take Profit  at 62.66 and 63.94
Support at 58.71
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

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