Technical perfection within the after-hours action in BBBy.
Earnings report was very negative, algos dropped the stock over 20%, stop losses triggered but then
the decline hits the daily price action level (blue line) and the 50% Fibonacci retracement level where orders gobbled up the stock.
Earnings report was very negative, algos dropped the stock over 20%, stop losses triggered but then
the decline hits the daily price action level (blue line) and the 50% Fibonacci retracement level where orders gobbled up the stock.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.