BBY has a nice topping pattern and downside divergence
The topping pattern on BBY has a strong downside divergence on MACD. The indicator shows prices should be at level $71.70
Note
The May BBY $72 puts expiring today May 10 were around $0.75 on May 8, trading today at $2.87Note
or if you'd bought the May BBY $72 puts expiring May 17 they were around $0.75 May 8 and are now $4.80
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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.
Disclaimer
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.