SR618

BBY - double top forming within rising channels.

Short
NYSE:BBY   Best Buy Co., Inc.
0
Pullback
Status: Short - cutting my loses. Maybe premature but holding above 200ma and trendline

Horizontal S&R: no
Channel S&R: yes
MA S&R: 20 & 200
Stochastic turn/crossover above 80%: yes
AO pullback >0= 85: yes
Price Pullback Fib >0.382:

Next Earnings date: 8/26
Increasing EPS: beat
Increasing Rev: missed
www.estimize.com/bby
Short float: 8%
shortsqueeze.com/?symbol=BBY...
*stop 1 atr below swing low.
** first price target is 50% the move from entry price to previous high.
***No Biotech
**** Only short if price is below 50 and/or 200 ma
Any feedback is welcomed! Thx

Cost basis: 29.57
Stop:
First price target:

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