Below is an analysis of the stock price action for Vinco Ventures (BBIG), Codiak (CDAK), Bed Bath & Beyond (BBBY). You can find a recap table at the end of the page. The content on this page is not financial advice, but is for educational purposes only and merely cites our own personal opinions. You can find the full disclaimer here.
Vinco Ventures (BBIG)
BBIG resumed trading the other day after being halted for quite awhile. It has seen some decent volatility in the recent days because of that as well as its history for multiple ATR days. It has been strong in the extended hours, slowing grinding to the 1.85 level. Even without a direct company catalyst, it is worth watching due to the volatility.
Codiak (CDAK)
CDAK gapped up without any clear catalyst. It's a low float that has been in a recent down trend so definitely one to watch for volatility today.
Bed Bath & Beyond (BBBY)
BBBY has seen a lot of trading with a lot of volatility over the past few days. It does fall into the meme stock category which to a certain degree means it is hard to chart trends. Any trades on this stock should be more about the price action intraday with hard stops.
Recap
| BBIG | CDAK | BBBY |
|---|---|---|
| Shares: 100-500milIndustry: Leisure ProductsCatalyst: ContinuationATR: 0.10 - 0.25Time Frame: 1 MinuteResistance: 1.95Resistance: 1.85Support: 1.6Support: 1.45 | Shares: 10-25milIndustry: BiotechnologyCatalyst: TechnicalATR: 0.10 - 0.25Time Frame: 1 MinuteResistance: 4.15Resistance: 3.55Support: 3 | Shares: 50-100milIndustry: RetailCatalyst: ContinuationATR: 3.00 - 5.00Time Frame: 1 MinuteShort SqueezeResistance: 30Resistance: 27.15Resistance: 24.7Resistance: 23.15Resistance: 21.25Support: 18.9 |