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munyaelliott
May 28, 2019 9:01 PM

BEST BUY DAILY TIMEFRAME SHORT Short

Best Buy Co., Inc.NYSE

Description

Prices dropped sharply before forming an ascending wedge, which topped out at the 76 price level. Now, price has already broken out of this corrective structure to the downside and is making a continuation move, with two opportunities to scale in already gone. But you can still jump in with proper risk management and target the bottom of the corrective structure, at the 48.17 price level. May the bears pounce on unsuspecting buyers lol!!
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