Stock Technical indicators to notice in BED BATH and BEYOND (BDB.L)
1- Last bullish trend was from 1,643.00 $ (9/27/2007) to 1,757.00 $ (10/4/2007) a 114.00 $ move 2- The current bearish trend started from 1,757.00 $ at 10/4/2007 and is currently trading at 1,631.00 $.
4- BDB.L current resistance level is at 1,643.00 which is the 100.00 % fibonacci retracement of the last 114.00 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
BED BATH and BEYOND (BDB.L) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 1,757.000 .
7- The Stock formed a 147.500 $ height triangle which was broken down at 1,638.500, target of the pattern is 1,491.000.
BED BATH and BEYOND (BDB.L) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 1,757.000 .
9- The Stock formed a 147.500 $ height triangle which was broken down at 1,638.500, target of the pattern is 1,491.000.
BED BATH and BEYOND (BDB.L) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
BED BATH and BEYOND (BDB.L) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 1,643.00, 1,660.74, 1,679.13, 1,686.55, 1,694.00, 1,695.50, 1,700.00, 1,708.87, 1,713.45, 1,730.10, 1,755.55, 1,756.45, 1,757.00,.
Stock Support levels : 1,611.99, 1,572.55, 1,491.00,.
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