Bed Bath and Beyond is likely going to see more downside after a recent recovery. As we can see on the daily chart below, it has been on a downtrend, but has been rebounding after price cracked $17.00 in May. But after price found resistance around $21.50, I think the pressure is back towards that $17.00 area and if price does reach back down here, it will likely lower. BBBY Daily Chart(click to enlarge)Key Resistance:- As we can see on the daily chart, price has been challenging a key resistance area. - This resistance involves:1) the 200-day simple moving average.2) development of a bearish divergence between price highs and the RSI highs.3) the support to middle area of a previous consolidation range. - The fact that price indeed retreated last week is a sign that the market is respecting this support around. - We should expect price to challenge a mini-support-pivot around $18. - Then, if price can't pullback above $20, BBBY is likely to follow with a dip towards the $16.50-$17.00 area.