( Yesterday close ) Chart courtesy of stockcharts

Bed Bath & Beyond shares are very active early in the morning after Thursday's closing bell, company reported its fiscal third-quarter profit slipped 3 percent and warned its full-year profit will fall short of Wall Street's targets. Total sales of Bed Bath & Beyond grew 10.8% to $1.79 billion. Looking at the daily chart, stock has been trading in a clear downtrend, probably already expecting these results. Stock has found an interesting support near $29 but in the last two sessions this support was broken, pushing stock into a danger zone. Let’s see the consequences of these results in share price.

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