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Analysis: #NYSE $BBY

Case 70 #BestBuy Co. Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#BBY 1/3
Chart 1
Monthly Chart: Upside momentum is stalling . A double top and #BollingerBand resistance sit at the all time highs and #trendline #resistance a little higher at 90.20. The long term target remains 120.85. #SMA 50 adding to the strong support.

BBY 2/3
Chart 2
Weekly Chart : The SMA 200 situated in the well define #support zone.

The #Strategy is printed on the image.

$BBY 3/3
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