The shares have rallied in recent days and have almost doubled from November lows.
Time to book some profits.
This is all about trading fast-moving speculative stocks.
I expect that I will be long at least an entry size position in BBY.
Everyone wants to chase everything that has not moved yet, but not knowing why.
Let's review the charts and indicators.
There is a limited price history with the company, which went public in August, but aggressive traders could probe its long side.
Should investors look to own CrowdStrike Holdings and Palo Alto Networks? Let's find out.
Greater clarity on the presidential transition and the naming of Janet Yellen as the next Treasury Secretary help push stocks higher.
The company is doing a lot better than some peers right now and could see demand surge as 2021 progresses. But a difficult cost structure and competitive pressures shouldn't be ignored either.