High probability short setup here. Target: $32
A break of this wedge, and BBY could go the way of JCP.
This chart objective is to show how RSI and fisher indicator detects divergences. This technique is very powerful, once it is mastered. Happy fishing traders.
Very recently BBY has shown a strong momentum. The main factor to consider in watching this stock, it's the 200MA and 50MA, both are getting really close and have the possibility to form a golden cross. Therefore, keep eye on this stock!!!