Bed Bath & Beyond, nervous title awaiting strategic plan

Bed Bath Beyond nervous title awaiting strategic plan

(Finance) – It goes back a lot Bed Bath & Beyondwhich exhibits a negative percentage change of 6.70%.

The stock is moving with nervousness in view of the update of the strategic plan that will be communicated by the American retail company, towards the end of the week.

The comparison of the title with the Nasdaq 100on a weekly basis, shows the greatest relative strength of American retail chain with respect to the index, highlighting the real attractiveness of the stock on the part of buyers.

The short-term implications of Bed Bath & Beyond underline the evolution of the positive phase in the test of the USD 14.38 resistance area. Possible a descent to the bottom 11.31. A strengthening of the curve is expected to test new targets 17.45.

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