BBY Cup and Handle

٢٣ يناير ٢٠٢١

Keeping an eye out for the break of handle around $116. Holding nicely on the 8ema. First target is the test of 52 week high at $124.89. A solid push above that can lead to the 2nd target of $133-$134 which is approximately the measured move. Although stochastic is in the overbought region it is crossed up signaling more upside to come.