$BBBY Overbought at Resistance

١١ يناير ٢٠١٩

BBBY Looking very overbought at at this point, expecting strong resistance around $15.35 level. Playing for a near term retrace.
See chart for possible near and medium term targets.

Opened position in next weeks $16.00 puts for just over a dollar - a nice ITM high delta play.





Note: Informational analysis, not investment advice.