Looking at the BBY Best Buy options chain ahead of earnings , i would buy the $73 strike price Calls with 2022-11-25 expiration date for about $2.79 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Best Buy Trend: Below 50,100 and 200 EMA Positive ADX, DI below 20 Trend seems to be weak Macro impact: Consumer cyclical stock are not a good buy Inflation impact on consumer purchase High interest impacting credit buying Recommendation: Wait for price to cross above the resistance @ 97.96 for re-assessment
$BBY setup idea. Looking for confirmation of staying in this channel (between red and green lines). Breaking the bottom channel would open heavy downside. Adding a stop loss under bottom part of channel. Bullish PT: $114 to $120 Bearish PT: $78 to $88
Hello! Today the market shows good results and if you are looking for making most profit out of it, I recommend you to diversify your funds on some amount of small tokens such as HAI and not volatile BTC. There are some points of interest that I've looked into and layed out for you some good starting positions. And surely now is the time to join. Look closely on...
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 gapped up on earnings news last quarter, then failed to complete its intermediate-term bottom. It did find support at the gap low, but now faces the challenge of resistance above the current price.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.