BBY Potential Breakout
There are some bullish divergence developing with the lower high price but higher higher rsi. The price is very close to a pivot point to change direction also stacked with where the fib retrace line from the recent earnings dump.
Overall the fundamental for BBY is on the good side, it just that the stock has went up a lot lately with investors having too high of a expectation of the numbers.
Overall the fundamental for BBY is on the good side, it just that the stock has went up a lot lately with investors having too high of a expectation of the numbers.
Penafian
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