Core Viewpoint - BJ's Wholesale Club's stock is poised for a bullish market reversal, potentially reaching $120 or higher, indicating a 33% upside from late-November trading levels [2] Technical Analysis - The stock has experienced a pullback since early 2025 but remains supported by long-term exponential moving averages (EMAs) [3] - A Head & Shoulders pattern is forming, which is a technical indicator of a potential trend reversal, characterized by three peaks [3] - The Q3 earnings release triggered a strong pre-market rally, reinforcing support at critical levels and forming the second shoulder in the pattern [4] - The critical resistance level is near the neckline at $95, which is expected to be tested before the end of 2025 [4] Market Sentiment and Performance - BJ's Wholesale Club is set for a market reversal that could add 30% or more to its stock price over the next few quarters, supported by better-than-expected earnings results and guidance [5] - Analysts and institutions are accumulating the stock, providing a strong tailwind for future performance [5] - The weekly chart indicates a bullish outlook, with price action finding support at critical levels and setting up for a trend-following signal [6] Analyst Sentiment - The decline in BJ's stock price was influenced by cooling analyst sentiment in Q2 and Q3, leading to reduced price targets and pressure on the market [8]