Since October 2023, NYSE:BYON has consistently traded within an ascending trendline indicating a bullish pattern where the stock consistently experienced higher lows reflecting investor confidence and positive market sentiment.
Following the last earnings report, Beyond INC witnessed a remarkable surge of 74%, reaching a peak of $37. However, the stock has...
Nice NYSE:BYON chart setup, with the next earnings report in 11 days. If the outcome is positive, the stock will reach a peak of $50 in the next 40 days or so.
It appears as though BYON is trading in an ascending triangle.
On the KST there has been a bullish cross.
The stock is finding support at the DMI, and has broken above the 200 DMA for the second time in two years since the downtrend from ATHs.
Beyond seems to be printing an Inverse Head and Shoulders pattern, and this is Bullish.
I've switched to a simple Line Chart to depict this.
The recent market trends could prove this Wrong.
Time will tell.
Enjoy. Regards Graham.
Beyond ,,, Not the Meat Company.
This Ticker popped up, so I did a study and dropped some after seeing a few clues as seen on my Study.
The Chart shows all.
TIP: Use the Call Outs as seen to Diarise your Investment choices ETC.
Use your many Indicators available to make decisions.
Also please use an Experts Advice.
While I might be +-75% correct, I also get the...
Overstock.com, Inc. operates an online shopping site. It also sells these products through www.overstock.com, www.o.com, and www.o.biz. It operates through the following business segments: Retail, tZERO, and MVI. The Retail Segment engages in e-commerce sales through its website. The tZERO Segment focuses on securities transaction through its broker-dealers. The...
NASDAQ:OSTK is showing some weakeness here today along with the rest of retail (XRT) and small caps (IWM). Looking to see if this stocks a little bit more before things get better. We'll be following for developments. Good luck traders!
50x in 5 months and over three years this crumbling - but it'll be over hopefully soon :) Expecting more weakness into the end of the year but then hoping for the next 50x up... bag holders (like me) deserve it eventually ;)
Couldn't find much coverage so I initiated one.
Looking at the chart, I believe NASDAQ:OSTK is starting a run up after upbeat Q2 earnings along with acquisition if NASDAQ:BBBY IP assets and the future outlook is better as stated by management. Still there is work needs to be done. NASDAQ:OSTK received a couple of upgrades after ER.
On the technical side,...
NASDAQ:OSTK paid $21.5M for the Bed Bath & Beyond brand (in bankruptcy) and gained around $228M in market cap in just one day. That's one amazing return on investment!
With hindsight, I can see how the confirmation of the 200DMA breakout was a buy signal ahead of today's surge. Now, OSTK trades far too high above its upper Bollinger Band (BB) to chase. Instead,...
A U.S. bankruptcy judge on Tuesday approved Overstock.com's $21.5 million purchase of Bed Bath & Beyond's brand name, intellectual property and ecommerce platform. Overstock emerged as the winning bidder for the company's intellectual property in a deal worth $21.5 million, court filings showed on Thursday. Bed Bath & Beyond stores and inventory are not part of...
OSTK is in a horizontal trading channel and appears to be closing in on the bottom trendline.
Neutral pattern until a trendline is broken.
No recommendation.
Short interest is around 3.63%.
Looking long from here, earnings are solid, and sales are decent enough... Depending on how the economy goes as far as overseas and getting products here overstock could play an important role.
The financials look good but this business is commoditized. The way they grow profits is by stealing market share and lowering costs. These prospects don't sound very attractive for a long term hold. This might work for a valuation play but not for growth play. I was thinking it was cheap and i should buy it but, now when i think about it i will wait if it falls...
