View: BBY_Daily_April272015.jpg

BBY_Daily_April272015.jpg

Best Buy's sell-off still appears to have at least another $1.50 left to the downside. 

Short and middle term momentum indications point lower. 

AB=CD projection and the 1.618 Fibonacci projection come in at $33.81. 

Note how that 33.81 area ties into prior structure support from Mid-January (2015).

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