Bed Bath & Beyond - Ryan Cohen Dumped His Entire Bed Bath & Beyond Stake

Ryan Cohen just confimed that he sold his entire 9.5m stake in BBBY on Tuesday and Wednesday and the news caused to the stock dropped 44% post market. It's a bad bad news as the stock shot up wildly to only realized that it's now having a free fall because of big investors heavy selling. However if you study closely the chart, there were already so much tell tale signs that the stock was about to collapse. See my sell position when I sold near peak on Wednesday.

http://stockmarketmindgames.blogspot.com/2022/08/bed-bath-beyond-buy-with-big-whales-and.html 

The top volume was flashing BBBY last evening signalling that there was heavy selling last evening. From the distribution to the re-distribution, the stock was just so weak that the buying couldn't sustain the selling and it had to fall. If you watch the market last evening, you will see how those long red bars were furious as it got sold down which indicated heavy selling from big whales. Now that in the post market it dropped 44% to $10++, it just proved that one needs the chart to aid them in their buying/selling to avoid being dumped by the stock.

https://www.investing.com/news/stock-market-news/ryan-cohens-plan-to-sell-bed-bath--beyond-stake-fuels-rout-2875869 

Ronnard - Market Psychologist - A Stock Market Opportunist

Bed Bath & Beyond - Buy with Big Whales and SELL on News

The good news on BBBY was just released 4 hours ago during trading hours where prices started to falter and tumble. The old adage is true and that's to buy on rumours and sell on news. When the stock price suddenly shot up strong and fast, it's a signal to traders to quickly sell your positions first and re-accessed the situation rather than holding on waiting for the good news to be released. Last evening was the best trade ever as I sold all my positions at 2.10am, right at the top prices when all of a suddenly, the Nasdaq got slammed down big time together with BBBY where prices dropped like 50% from the peak ($27.93 to $19.17). The question was how did I sold right at the very peak when the news wasn't released?

It had to do with spotting and detecting signs of hidden selling which is also dubbed as secret selling. Secret selling is a process where big whales are unloading positions bit by bit on the way up until they finished selling all their positions BEFORE conducting a massive sell down to accumulate more at lower wholesale prices. Look at the 5 minute chart and see the time I sold at 2.10am, prices started to tumble and I managed to take profits at the very peak prices by following these big whales secret selling and piggyback their stealth movements. Soon, the good news in BBBY was released which followed by a massive scary sell down in the Nasdaq which caused prices to tumbled really fast where so many traders had no time to react. I loved such trades because it's easy to detect those big whales' footprints while it's also easy to make astounding profits. 

I will be holding a 1 time event on August 23rd for those who are interested to learn and know more. Register on the below link if you are interested. 

Ronnard - Market Psychologist - A Stock Market Opportunist

Bed Bath & Beyond - A Huge 75% Spike Up in Prices

Finished yet another powerful trade where the market was extremely tricky with a huge sell down at opening bell first before recovering all the way up. BBBY was the hottest and most traded stock with trading halts as prices shot through the roof with 75% gained withing a few hours. The Nasdaq Top 30 stocks are flashing but none outdo BBBY as the stock was in the Top 1 in the list. Traded a few times and made great profits out of it but it's a very emotional stock with a lot of fear and greed involved. 

Look at how prices in Nasdaq was being flushed down first before a staged recovery took place. It was so scary at opening where one would thought the market was about to start selling down to only realized that it was a fake sell down. The accumulation and re-accumulation zones in the 5 minute chart for BBBY was extremely obvious and that's where those big whales started their secret buying before conducting a huge rally we witnessed. It's those hidden little buying by the big whales that was utmost important to spot huge price swing up. I managed to capture some of the waves and movements before the rally happened so what's going to happen next to this stock since it's already rallied so much up? Let me work on my analysis and posit here when I have the time.

Ronnard - Market Psychologist - A Stock Market Opportunist

Bed Bath & Beyond - How to Spot Short Squeeze and Big Whales?

It's such a pain in the ass on this last trade as the market moved up but my stock was not performing. Waited for almost an hour before the stock started to shot up with some strength and within minutes, it simmered off again. In fact it's very difficult to trade last evening as I could not predict the movements at all but I am driven to make some $$ and so I did took 2 trades. Based on the Top 30 stocks, BBBY shot up the most as the stock was driven by short sellers covering shot which caused a spike in prices. There wasn't any company specific news but I believe it was the driven buyers' momentum which caused prices to spike together with the 5 minute chart exhibiting accumulation and re-accumulation.

The Nasdaq was very choppy last evening and it almost looked like it was going to fall but then hard an amazing reverse which caused most of the stocks to move north. Without that turnaround, I studied that daily chart for Bed Bath and you will see that the gap down was huge with buyers liquidating at the bottom where the big whales flushed out all the small time retails before conducting a short covering which caused prices to spike. From the chart, you will see that as prices collapsed lower and lower, the bars are getting shorter and tiny where it indicated that sellers are exhausted. It also had another meaning where buyers will be emerging soon and since this is a heavily shorted stock with high float of short interest, buyers would need to cover shorts or prices would explode where buyers will lose $$. With that in mind, one can take advantage of a position to increase your chance of winning in BBBY.

I mean you need some intense knowledge and skills to be able to spot those turning points before having guts to take such a good trade on a risky stock. You will also need to practice and see many such stocks to have muscle memory to be able to take such confident and convicted trades. Nevertheless, finished another great risky trade and moving on to the next stock.

Ronnard - Market Psychologist - A Stock Market Opportunist

DBS - Longed Before The Dow Jones Rebounded 1200 Points

Longed DBS yesterday 15 minute before market closed. The stock went up first in the morning and then simmered off in the whole of afternoon. The market looked bullish at first and then suddenly, sellers swarmed in. It was at that moment where the opportunity presented itself and we took a long positions. Bought near low and today DBS gap up and touched 24.37. As you can see the Dow Jones moved up 1200 points last evening like a dead cat bounce where many of caught into buying today where I think it's wise to take $$ for the short term. The coronavirus issue is not over and there might be more issues looking at the chart on how it trends. To play safe, locking in profits first is never a wrong thing. Looking forward to the next trade since the Top 30 Volume was mostly rising stocks and I don't want to hold the position in this volatile market.

Ronald K - Market Psychologist - A Stock Market Opportunist