NYSE:BBY NYSE:BBY performed well with the market rally and is forming a falling wedge which is traditionally bullish but nothing is bullish in this current market conditions.
BBY trading in a box trying to reclaim 20 day ema, needs to hold above 114 to retest top price range (120-121) with a gap to fill at 125.60
BBY confirmed to surpass the old peak with (Big Gap) support right on the old peak (can be considered as SHS) . BBY buy : $96.69 BBY target : $125 +-2 Stop loss : $88 or 10% Wish you good deals!