Analysis Summary for Bath & Body Works Inc. (BBWI)
Date of Analysis: September 20th, 2024
Time Target: A down cycle-composite arrives in December of 2024, after which, BBWI should increase fast into its cycle top scheduled for June of 2026.
Price Target: $21 (+/- $1)
Projected Move: According to our mathematical work, BBWI is now declining to its cycle bottom expected in December of 2024 at $21. Afterwards, BBWI is expected to demonstrate a massive rally by, AT LEAST, 600%.
Note, however, that our work reveals a very dangerous elliptical threshold for the upcoming cycle bottom located at $15. If BBWI breaks below that level, it may crash all the way to 0.
In summary: BBWI puts a bottom in December around $21 and rallies fast within the next 18 months potentially by 600% or even more.
