FXstreet

The stock is up almost 100% in the past month thanks to an army of retail investors buying up shares.
But the price was bounced from resistance level to below to be ranging near and inside Ichimoku cloud within 8.45/11.97 support/resistance level waiting for direction

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Analysts warn that after a recent meme-stock rally, Bed Bath & Beyond’s valuation has become further “disconnected” from reality. Anyway, the daily price broker 200 SMA for the primary bullish reversal with resistance psy level at 30.00 to be tested for the primary daily bullish trend to be continuing.

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After a 43% decline year-to-date, at the current price of around $20 per share, we believe Abercrombie & Fitch’s stock (NYSE: ANF), a specialty retailer selling casual clothing and footwear - is fairly priced. The intra-day H4 price broker Ichimoku cloud to above for the primary bullish reversal: the price is testing resistance level at 22.66 to above for the intra-day bullish trend to be continuing and for daily bullish reversal to be started.
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Snap’s stock (NYSE: SNAP) has lost approximately 76% YTD as compared to the 12% drop in the S&P500 index over the same period. The weekly price is located below Ichimoku cloud in the bearish area of the chart. The price on secondary ranging within 9.34 support and 16.55 resistance levels waiting for the direction of the rally to be started or the bearish trend to be continuing.

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But making Johnson & Johnson an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of JNJ entered into oversold territory, changing hands as low as $167.41 per share.

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