My idea. I hardly understand why BestBuy, known for its offline stores, would actually benefit from Covid-19. Not gonna lie I purchase most of my electronics from BestBuy, but as an electronics retailer, this is too overvalued from both financial and technical point of view. My TP for BBY is the MA 50 line, which varies from time. I would consider engaging shorts at $128, where the ascending wedge is.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.