It looks to me as if BBBY is on the verge of making new highs. These couple of months were just a consolidation before going again above 80$. When I bought this stock the weekly chart was standing at value (it still does) and it was oversold on the Force Index (not anymore). My bullish bias still stands.
Going to the daily chart, the triangular consolidation is more visible. There are some bullish divergences (sort of) on the indicators, and the impulse is green. I do not know if from now we are heading directly for new highs, but I want to be long until proven wrong.
Going to the daily chart, the triangular consolidation is more visible. There are some bullish divergences (sort of) on the indicators, and the impulse is green. I do not know if from now we are heading directly for new highs, but I want to be long until proven wrong.